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Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere. It was established by the Florida Legislature in Chapter 627.351 (6) Florida Statutes as a not-for-profit insurer ...
Net income. US$ 1 billion [2] (2018) Number of employees. ~18,000 [3] (2023) GuideWell, formally GuideWell Mutual Holding Corporation (holding company for Florida Blue ), is a mutual insurance holding company primarily focused on health insurance in Florida. It was created in 2013 by a reorganization initiated by Florida Blue, a member company ...
Slide Insurance provides homeowners insurance across Florida and coastal South Carolina. [2] In the founding year, the company raised $105 million in Series A funding. [3] [4] Slide acquired UPC’s intellectual property and a dataset of over $1 trillion Total Insured Value (TIV). [5] In addition, it acquired the renewal rights to over 91,000 ...
After some Florida insurance companies were accused of shortchanging customers’ claims after Hurricane Ian last year, Gov. Ron DeSantis and state regulators are warning insurance companies to ...
Edison Insurance Company is a Florida-based home insurance company that was founded in 2005. Edison only offers coverage in Florida, which means they truly know their coverage area and can offer ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
UPC Insurance. United Property & Casualty Insurance Company, Inc. ( UPC Insurance) is an American property and casualty insurance company with headquarters in Florida. It writes commercial, residential, homeowners’, and flood insurance policies in several coastal states. [2] According to the most recent data available, UPC Insurance had about ...
Its geography makes Florida, a low-lying peninsula jutting out into hurricane-prone waters, a hard place to insure under any circumstances. Of the $165 billion in natural disaster–caused damage ...
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