Florida’s Slide Insurance Secures $210 Million Catastrophe Bond April 11, 2024 Tampa-based Slide Insurance announced it has finalized pricing for its $210 million Purple Re Ltd. (Series 2024-1) catastrophe bond. The...
Florida OIR Approves Another 54,000 Citizens Takeouts. More Coming if Bills Pass March 4, 2024 By William Rabb Florida’s insurance commissioner last week approved another round of takeouts from the state-created Citizens Property Insurance Corp., with assumption dates...
Slide Assumes 86,000 Farmers Policies in Florida, Offers Appointments to Agents October 16, 2023 By Insurance Journal Staff Reports Tampa-based Slide Insurance, which has made a practice of assuming Florida policies from other insurers in the last two years,...
Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market August 7, 2023 By William Rabb Stakeholders near and far are hailing a near-record number of takeouts from Citizens’ Property Insurance Corp. as a sign that...
Orderly Runoff Didn’t Work; Florida’s United P&C Now Insolvent, Headed for Liquidation February 20, 2023 By William Rabb Just days after some 90,000 policies from troubled United Property & Casualty Insurance Co. were transferred to Slide Insurance as...
Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida February 1, 2023 By William Rabb One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young...
Florida Insurers Crying Foul Over Slide’s ‘Favored’ Treatment in St. Johns Insolvency March 7, 2022 By William Rabb The news that a startup Florida insurance company will assume $400 million in policies from the now-insolvent St. Johns Insurance...