Florida property insurance companies News

Safepoint’s Florida Startup, Manatee Insurance Exchange, Gets COA, Financial Ratings

Florida regulators have approved another reciprocal property insurance company and it has received ratings from two financial rating firms. Manatee Insurance Exchange, a spinoff from Tampa-based Safepoint Insurance Co., was granted a certificate of authority Feb. 2 by the Florida …

Florida’s HCI Group Rebounds: Q3 Profit, Fewer Policies, Lower Litigation Costs

Tampa-based HCI Group, the holding company for Homeowners Choice and TypTap property insurance companies, reported a $15.7 million net income in the third quarter, a strong improvement over Q3 last year, when the group saw a $52 million net loss. …