The Florida Municipal Insurance Trust (FMIT) says it has added 20 new cities to its roster of clients and experienced a 96 percent renewal rate among existing customers.
The nonprofit organization provides workers’ compensation, liability, auto, property and health insurance to governmental entities in Florida.
In addition, FMIT said it expanded coverage in several areas to further support the needs of municipalities in Florida.
The Florida Municipal Insurance Trust is sponsored and administered by the Florida League of Cities, and is owned by participating members. Of the 412 towns, cities and villages in the state of Florida, 59 percent hold coverage with the trust.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
What Analysts Are Saying About the 2026 P/C Insurance Market 
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
