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TypTap Insurance is a newer company that was founded in 2016 and funded by HCI Group, Inc. HCI Group deals in homeowners insurance, information technology, real estate and reinsurance.
The company was co-founded by George Schaeffer and Michael Gold in 2008. [3] According to the South Florida Business Journal, People’s Trust Insurance was the second-fastest growing company in South Florida from 2012 to 2014. [4] The home insurance company has more than 350 employees, with 300 in Deerfield Beach. [5]
By staying informed and proactive, homeowners can better protect their investments and enjoy peace of mind amidst Florida's ever-changing climate and insurance market dynamics. The Palm Beach Post ...
That issue was one of the reasons cited by insurance companies leaving Florida according to the Insurance Commissioner Michael Yaworsky. [37] In August 2023 FOIR announced that Mainsail Insurance Company from Texas was approved to operate in Florida. They also disclosed that 280,000 of Citizen's policies were approved for assumption by several ...
In 2017, UPC Insurance merged with American Coastal Insurance Co. [10] Journey Insurance Company offers homeowners and commercial residential property insurance through independent agents and brokers in Florida, South Carolina, and Texas. [11] It received an “A−“ Financial Strength Rating and “a-“ Issuer Credit Rating from A.M. Best. [12]
Florida is not alone when it comes to property insurance. One in 13 homeowners across the U.S. are uninsured, according to a recent study by the Consumer Federation of America. That's a little ...
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