Who bought Centauri insurance?
Who bought Centauri insurance?
Applied UnderwritersApplied Underwriters has completed its acquisition of Centauri Specialty Insurance Co. and Centauri National Insurance Co., based in Sarasota, Florida. Florida, Louisiana and Texas regulators have approved the transaction. The deal took nine months to close. Feb 8, 2021
What five insurance companies are pulling out of Florida?
In the past three months, some of the best-known insurers have said they will stop writing new homeowner policies or won’t renew thousands. These include United Property & Casualty, TypTap, Florida Farm Bureau, and Progressive. Feb 15, 2022
Is Federated National leaving Florida?
Start your day with the top stories in South Florida. In a news release announcing the decision, Federated National CEO Michael H. Braun was quoted as saying: “Our decision to withdraw from the auto business allows us to focus resources and capital on new or existing business opportunities. Dec 21, 2017
Which insurance companies are pulling out of Florida?
Another one bites the dust: Avatar Property & Casualty withdraws from Florida Avatar Property & Casualty Insurance Company. Demotech. Lighthouse Insurance Company. property insurance. property insurance market. St. John’s Insurance Company. United Property & Casualty. Feb 19, 2022
What is the Seibel act?
The Seibel Act creates a new prohibited act and makes it a third degree felony to willfully submit to an insurer an insurance application or policy-related document on behalf of a consumer that contains a false or fraudulent signature.
