TALLAHASSEE, Fla. (AP) — The Florida Senate on Thursday passed a bill designed to shrink the size of the state’s largest property insurer, despite criticism it could hurt some consumers — and even harm the state’s recovering economy.

The Senate voted 24-15 for the measure, which would subject those seeking coverage with Citizens Property Insurance to much higher rates than are charged to existing customers. It would also create a clearinghouse designed to route customers away from Citizens and to private insurers.