"House speaker questions whether State Bond Commission has authority over surety bond

[Surety Insider]

"Donelon and Citizens Chief Executive Officer John Wortman have been trying to locate insurance companies to write the $95 million bond for a fee but no takers have been found."

Read it here.

[Surety Insider]

New insurance policy assessment may not be needed, commissioner says

"If Citizens has to post the bond on its own, it would have to take $95 million out of its $100 million checking account, leaving roughly $5 million to operate and possibly delay the claim-paying process at the height of the hurricane season."