St. Johns Insurance Insolvent, to be Liquidated, Florida DFS Reports February 28, 2022 By William Rabb St. Johns Insurance Co., one of the larger property/casualty insurers based in Florida, is now insolvent and will soon be...
Court Orders Liquidation of American Capital; Policies to Cancel May 14 April 22, 2021 Florida-based American Capital Assurance Corp. is officially in receivership and is in the process of being liquidated after being deemed...
Regulator Deems Florida-Based American Capital Assurance Corp. Insolvent April 6, 2021 By Amy O'Connor After negative moves by ratings agencies last month to address its financial issues, Florida’s insurance regulator says American Capital Assurance...
Florida Specialty CEO Disputes State Regulator’s Claims, Says Insurer Not Insolvent October 24, 2019 By Amy O'Connor The head of recently shuttered Florida Specialty Insurance Co. says that claims by Florida’s insurance regulator that the company is...
State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage October 7, 2019 By Amy O'Connor Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state...