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Since 2022, more than 10 new insurers have entered Florida’s homeowners insurance market, a trend driven by recent legislative changes aimed at reducing litigation and fraud. Among the new entrants is Mangrove Property Insurance, Tailrow Insurance, Mainsail Insurance and Orange Insurance Exchange.
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[ad_1] Consumers who unknowingly purchase the fraudulent policies not only lose their money, but may face serious consequences for driving without valid insurance, officials said. That includes vehicle registration revocation or impoundment by law enforcement. [ad_2] Source link
[ad_1] Lovatt, who has 40 years of insurance industry experience, was a founding member of the group. He has worked in leadership roles with international, national, regional, and start-up insurance companies. In addition to his new role as president of Great Bay Insurance Company, he currently serves as chief underwriting officer and chief claims officer…
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[ad_1] “A huge congratulations to our new partners. It has been a privilege witnessing their growth and progression over the years. At Kennedys, our people are our greatest competitive advantage, and [the] promotions underscore the breadth and depth of our talent. As they begin their new roles, they will each play an instrumental part in…
[ad_1] The growth is due to strong sales in Canada and the US [ad_2] Source link
