Citizens Property Insurance Corp., Florida’s state-backed insurer of last resort, saw its policy count increase by nearly 2,000 last week, reaching over 1.25 million. This gradual growth comes amidst hurricane season, even as the company aims to reduce its policy count to below 1 million by year-end through a depopulation program. The shift of policies to the private market is expected to begin in October, after the peak of hurricane season. Read: Florida Further Reduces Citizens’ Insurance Burden, Approves Additional 15,000 Policy Takeouts Florida’s Citizens Property Insurance Corporation is …