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Homeowners Choice Receives Approval to Assume More Than 24,000 Policies from Citizens (Business Wire via Yahoo! Finance) CLEARWATER, Fla.----Homeowners Choice, Inc. , a Florida-based provider of homeowners’ insurance, today announced that its wholly-owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Co., Inc. has been approved to assume 24,717 policies from Citizens Property Insurance Corporation, Florida’s state-sponsored homeowners’ insurance company.