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1 through 20 of 27 matching documents, best matches first.   Sort by date

Florida-Based Safepoint Plans IPO, Cites Position Amid 'Increasingly Dislocated' Property Market
Selling shareholder are offering an additional 10.42 million shares, it said in an amended Form S-1 filed with the U.S. Securities and Exchange Commission. It plans to increase ...
Source: BestWire   Date: May 26, 2026
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Bobcat Re Adopts Namesake's Identity With Catastrophe-Focused MGA
Horsemen of the Apocalypse, locusts and pestilence," Carson joked. "We're naturally concerned with hurricane, earthquake, wildfire and severe convective storms. Japan is our other ...
Source: BestWire   Date: April 16, 2026
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Florida Insurance Regulator Approves More Citizens Takeout Requests
Citizens Property Insurance Corp. American Integrity Insurance Co. was approved to assume 29,756 residential multiperil policies by April 21, according to the order from the ...
Source: BestWire   Date: January 21, 2026
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Reciprocals Offer Unique Solution in Catastrophe-Prone Florida
And many of those newcomers were reciprocal insurance exchanges. Reciprocals are owned exclusively by members who often make contributions in addition to annual premiums. A ...
Source: BestWire   Date: November 8, 2024
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Florida Property Market Gets New Reciprocal Entrant
Exchange of Louisiana, according to BestLink. Safepoint has been active in seeking to depopulate Citizens Property Insurance Corp. in Florida as well as Louisiana Citizens. The OIR ...
Source: BestWire   Date: February 7, 2024
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Thousands of Policyholders Could Exit Louisiana Citizens if Their Agents Would Tell Them, Regulator Says
Louisiana Citizens Property Insurance Corp. policyholders when they receive an offer to exit Citizens and return to homeowners coverage by a private carrier. Insurance Commissioner ...
Source: BestWire   Date: September 12, 2023
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Best’s Rankings: Florida Leads Nation in Homeowners Premium
California and fast-growing Idaho and Montana. Direct premium for homeowners carriers, total United States, reached $119.7 billion in 2021, an 8.4% rise from 2020. BestLink reports ...
Source: BestWire   Date: November 18, 2022
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SafePoint to Assume 24,000 Policies From Americas Insurance Co.
Hurricane Ida (BestWire, Jan. 21, 2022). Donelon predicted in October that three companies would go into receivership after Ida struck, and Americas follows State National Fire ...
Source: BestWire   Date: March 3, 2022
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SafePoint Assumes 30,000 Homeowners Policies From Insolvent Insurers in Louisiana
State National Fire Insurance Co., state Insurance Commissioner James Donelon said in a statement. The assumption of the policies is retroactive to Dec. 1, so the 30,000 Louisiana ...
Source: BestWire   Date: December 30, 2021
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AM Best Withdraws Credit Ratings of Safepoint Insurance Company
Safepoint Insurance Company (Safepoint) (Temple Terrace, FL). The outlook assigned to these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings ...
Source: BestWire   Date: June 24, 2021
AM Best Places the Credit Ratings of Safepoint Insurance Company Under Review with Negative Implications
Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information ...
Source: BestWire   Date: June 2, 2021
Louisiana Citizens Shedding Policies Despite Busy Hurricane Year
Louisiana Citizens Property Corp., once the provider of nearly 10% of the state's residential insurance policies, continued to shed coverage despite 2020's record year for ...
Source: BestWire   Date: January 19, 2021
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AM Best Downgrades Credit Ratings of Safepoint Insurance Company
Safepoint Insurance Company (Safepoint) (Tampa, FL). Concurrently, the outlook of these Credit Ratings (ratings) has been revised to negative from stable. The ratings reflect ...
Source: BestWire   Date: August 29, 2019
Louisiana Citizens Policy Counts Continue to Fall as Depopulation Continues
The Louisiana Citizens Property Insurance Corp. continues to see reductions in its policy count heading into 2018, the total being less than one-quarter of its 2008 peak, according ...
Source: BestWire   Date: December 18, 2017
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Two Insurers Gain Florida Regulator’s Approval to Take Out 50,000 Citizens Policies
Southern Oak Insurance Co. have received Florida Office of Insurance Regulation approval to consider assuming a combined 50,000 of Citizens Property Insurance Corp.'s personal ...
Source: BestWire   Date: August 2, 2017
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Florida Regulators Give Three Insurers Approval to Take Out Nearly 43,000 Citizens Policies
Citizens Property Insurance Corp.'s personal residential and nonresidential commercial insurance policies. The announcement is the latest in a series as part of attempts to ...
Source: BestWire   Date: December 7, 2016
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Louisiana Citizens’ Depopulation Efforts See Policy Count Slip to Below One-Third of 2008 Peak
Louisiana Citizens Property Insurance Corp.'s latest offering of 10,304 policies into the private market has lowered the policy count of the state's insurer of last resort to ...
Source: BestWire   Date: December 7, 2016
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Five Insurers Approved to Take Out More Than 95,000 Citizens Policies
Citizens Property Insurance Corp. residential and commercial insurance policies through mid-December. The takeout approval is an attempt to continue policy shedding by Citizens, ...
Source: BestWire   Date: October 4, 2016
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Five Insurers Given Chance to Take Out Nearly 64,000 Citizens Policies through Mid-November
Citizens Property Insurance Corp. through dates in mid-November. Five insurers approved by the OIR can take out personal residential policies through Nov. 22. Homeowners Choice ...
Source: BestWire   Date: September 2, 2016
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Four Insurers Approved to Take Out More Than 40,000 Citizens Policies Through September, October
Citizens Property Insurance Corp. through dates in September and October. The move is the latest in Citizens' continuing efforts to depopulate. In 2012, Citizens reached its zenith ...
Source: BestWire   Date: August 3, 2016
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