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New companies look to get in on Citizens loan incentives

Barry Gilway, CEO of Citizens Property Insurance Corp., has left the door open for new companies to be included in the surplus notes program. File photo from Citizens Property Insurance Co.

As Citizens Property Insurance Corp. officials and lawmakers wrangle over whether to provide low-cost loans to companies that take over their policies, new companies are battling behind the scenes to be included in the program.

Right now, only companies that have been writing business in Florida for at least two years would be eligible for a loan under the surplus notes program.

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