The Demotech rating firm has withdrawn the financial stability rating for another Florida-admitted insurer, Lighthouse Property Insurance. It’s an ominous sign for the company and for Florida’s deteriorating property insurance market. “Despite a substantial capital contribution in the fourth quarter …
Lighthouse Property Insurance Corp. (Lighthouse), a Louisiana domestic insurance company has acquired the Louisiana homeowners policies of HomeWise Insurance Co., a Florida-based insurer. The terms of the agreement include the transfer to Lighthouse of over 11,000 homeowners’ policies which represent …
York, Penn.-based Glatfelter Insurance Group has formed Glatfelter Program Managers, a new strategic business unit dedicated to its program business. Arthur Seifert, most recently with Southwest Insurance Partners Inc. and its Beacon Hill Insurance Agency, is joining Glatfelter to be …
