reciprocal exchanges News

The 12th New Property Insurer, Apex Star Reciprocal, Enters Florida Market

Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years. Apex Star Reciprocal Exchange is part of Starlight Insurance Group, based in New …

Gallatin Point Buys Majority Stake in American Family’s Florida Unit, Has National Plans

If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital. That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted Resource …