Florida Peninsula Finalizes Acquisition of Edison Insurance

January 27, 2010

Florida Peninsula Holdings, LLC, the parent company of Florida Peninsula Insurance Co., reports it has completed its acquisition of Edison Insurance Group, including its two subsidiaries: Edison Insurance Co. and Edison Insurance Underwriters.

The previously-announced acquisition includes more than 25,000 Edison homeowners policyholders that will now become part of Florida Peninsula Insurance Co.

Headquartered in St. Petersburg, Florida, Edison Insurance Co. will become part of the Florida Peninsula family of companies.

Florida Peninsula, a top-10 Florida residential property insurance company has more than 120,000 homeowners, renters and condominium unit policyholders located throughout the state.

Current Edison customers can use the same customer service and claims telephone numbers and will continue to working with their existing insurance agents, the company said.

Edison policies will continue to remain in full force. Current Florida Peninsula customers are not affected by the acquisition.

Source: Florida Peninsula Insurance Co.

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