Prepared Insurance Company News

Lighthouse Completes Merger with Florida’s Prepared Insurance Co.

Lighthouse Property Insurance Corp. has completed its previously announced merger plans with sister carrier, Prepared Insurance Co. Lighthouse will assume the Prepared portfolio and write directly in the state of Florida, resulting in a unified carrier with over $200 million …

Prepared Insurance of Florida to be Acquired by Lighthouse Property Insurance Corp.

Lighthouse Property Insurance Corp. plans to acquire its sister carrier, Prepared Insurance Company (Prepared), from Prepared Holdings Group. Lighthouse is a Louisiana-domiciled property and casualty insurance carrier authorized to write policies in Louisiana, Texas, North Carolina and South Carolina. Prepared …

Lighthouse Property President White Acquires Equity Stake in Prepared Holdings

Current Chairman and President of Lighthouse Property Insurance Corp., Patrick L. White, has acquired an 89 percent ownership stake in Prepared Holdings, LLC and its wholly-owned subsidiaries including Prepared Insurance Company. The Florida Office of Insurance Regulation has issued a …

Louisiana Citizens Property Insurance Shedding More Policies

Insurance Commissioner Jim Donelon reported that three insurance companies new to Louisiana are participating in the latest round of depopulation of Citizens Property Insurance Corp. Citizens is the state’s property insurer of last resort. Its book of business swelled following …