To assist policyholders in better understanding the potential for, and calculation of, policyholder assessments in the event of a future deficit, Citizens has created a new online module,“Understanding Citizens’ Assessments”.

Posted as a web-based module and a printable document for your convenience, the program highlights:

·   The impact of homestead status on assessments

·   The five assessment tiers

·   Assessable lines of business, based on recent insurance legislation

We recommend our clients thoroughly review “Understanding Citizens’ Assessments”; If there are questions after reviewing, just contact our licensed professionals at The Lombard Street Group for more information.