42,000 Louisiana Homeowners to be Dropped by Southern Fidelity Friday July 21, 2022 More than 40,000 homeowners are looking for new insurance policies after an insurance company dropped them, following similar moves by...
Louisiana Extends Policy Cancellation Date for Lighthouse Excalibur June 21, 2022 Louisiana Insurance Commissioner Jim Donelon has extended the policy cancellation date for failed insurer Lighthouse Excalibur to June 30 following...
Rehab Plan Didn’t Suffice. Southern Fidelity Sinks into Insolvency June 16, 2022 By William Rabb Two weeks after it lost its financial stability rating, Southern Fidelity Insurance Co. has been ordered into receivership and is...
Florida Rate Hearing Highlights Southern Fidelity’s Dire Position, Lack of Action on Senate Bill January 24, 2022 By William Rabb The head of one of the larger property insurance companies in Florida said Friday that without a doubling of some...
3 Florida Insurers to Drop Thousands of Policies, Make Moves to Stay Afloat May 12, 2021 By Amy O'Connor More than 50,000 Florida policyholders will soon be looking for a new carrier for their homeowners insurance after three Florida-based...
HG Holdings to Acquire National Consumer Title Insurer From Southern Fidelity April 30, 2021 North Carolina-based HG Holdings said it has agreed to acquire 100% of the equity of Florida-based National Consumer Title Insurance...
HSCM Bermuda Takes Majority Stake in Florida Insurer Southern Fidelity After Merger November 18, 2020 By Amy O'Connor After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based insurer...
Florida’s Capitol Preferred to Shed Nearly 24K Policies; Regulator to Monitor Operations May 15, 2020 By Amy O'Connor Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s...
Southern Fidelity Insurance Expands into Mississippi July 19, 2019 Southern Fidelity Insurance Co. has expanded into Mississippi and will offer HO-3 homeowners coverage and customer service in the state....
Louisiana Citizens’ Policy Count to Drop Below 60K December 7, 2016 Louisiana Insurance Commissioner Jim Donelon announced that the total policy count for the state’s property insurer of last resort is...