Is Universal property and Casualty pulling out of Florida?

Is Universal property and Casualty pulling out of Florida?

In its filing to the Florida Office of Insurance Regulation dated May 6, Universal states it is canceling 13,294 policies out of its total 57,000 Florida policies due to yearly losses of $4.1 million in 2019 and $22.5 million in 2020. The company also insures homes in 12 other states. May 25, 2021

How many people in Florida do not have homeowners insurance?

According to the US Census Bureau’s American Housing Survey, 12.8 percent of owner occupied homes in Florida don’t have insurance. Feb 25, 2019

Is Gulfstream insurance going out of business?

On July 28, 2021, Gulfstream Property and Casualty Insurance Company was ordered liquidated by the Second Judicial Circuit Court in Leon County, Florida. … Company Information. Company Demographic Information Name of Company: GULFSTREAM PROPERTY AND CASUALTY INSURANCE COMPANY Date of Liquidation: July 28, 2021 10 more rows

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