Personal residential insurer Gulfstream Property and Casualty Insurance Co. has agreed to liquidate according to a July 22 order signed by the Florida Office of Insurance Regulation. The Florida Department of Financial Services must agree to receivership before the liquidation …
Plagued by worsening financial issues and under pressure from credit rating agencies, Gulfstream Property and Casualty Insurance Co. entered the first months of 2021 determined to increase its capital contributions. The Sarasota-based personal residential insurer had just come off a …
Applied Underwriters’ Centauri Insurance has acquired the renewal rights to approximately 16,700 policies across Alabama, Louisiana, and South Carolina from Gulfstream Property and Casualty Insurance Co. and Gulfstream Select Insurance Co. (collectively, Gulfstream). The transaction is expected to diversify Centauri’s …
The Woodlands Insurance Co. (TWICO) has completed a renewal rights agreement with Florida’s Gulfstream Property & Casualty Insurance Co. (Gulfstream) to acquire Gulfstream’s book of homeowner business in Texas. The transaction will result in the transfer of approximately $4 million …
