South Carolina-based The Seibels Bruce Group, Inc. has made an investment of $2,500,000 and received a 20 percent ownership interest in the holding company for a newly formed homeowners insurance company domiciled in the state of Florida.
In connection with this investment, the company will provide exclusive claims administration and underwriting management services to the new insurance company.
The Seibels Bruce Group, Inc. is a holding company for four property and casualty companies that offer commercial, nonstandard automobile and homeowners insurance. In addition, Seibels Bruce offers claim administration services to insurance companies and other businesses through INS; flood zone determination services through America’s Flood Services, Inc.; and managing general agency services through Seibels, Bruce & Company.
Topics Homeowners
Was this article valuable?
Here are more articles you may enjoy.
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case 
