Browsing: Florida

Florida insurer Mangrove Property Insurance has taken over 30,000 policies from Citizens Property Insurance Corp., continuing the state’s efforts to depopulate its insurer of last resort.

Mangrove Property Insurance assumes 30,000 policies from Florida’s Citizens Property Insurance Corp., continuing the state’s depopulation efforts

GEICO, a subsidiary of Berkshire Hathaway, is expanding its operations in Florida and North Texas, adding thousands of jobs with new office locations.

Stephen Weinstein, former Itasca Re chairman, has launched Mangrove Property Insurance in Florida, aiming to assume thousands of policies from Citizens Property Insurance Corp. This move comes amid a stabilizing insurance market following legislative reforms.

Insurance behemoth Geico will establish a new campus in Tampa, Florida, creating over 1,000 new employment opportunities in the region.

An insurance business in Lake Wales, Florida, was the target of an arson and vandalism attack, prompting a police investigation and potential hate crime charges.

Amidst Florida’s ongoing property insurance challenges, state lawmakers are considering consumer-friendly legislation that would allow policyholders to legally challenge insurers’ claims denials.

Mangrove Property Insurance Company has announced the appointment of Tim Cotton as its Chief Operating Officer and several other executive hires, signaling its readiness to expand in Florida’s property insurance market.

An insurance business in Lake Wales, Florida, was targeted in an early morning vandalism incident involving Molotov cocktails and spray paint. Authorities are investigating and seeking information from the public.

A federal judge in Florida has allowed State Farm to proceed with most of its claims in a lawsuit alleging a patient brokering scheme led to inflated medical bills and manipulated insurance settlements.