OLDWICK, N.J.--(BUSINESS WIRE)--The property insurance market in Florida has significantly shifted in market share as Citizens Property Insurance Corp. (Citizens)—the state-run property insurance company—continues to depopulate and move policyholders to the private market, which has increasingly seen the emergence of newly formed, in-state writers. While these new companies have experienced significant growth driven by the dynamics of Citizens’ shifting market position, there is significant ris