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Florida approves two new property insurers

whysavetoday by whysavetoday
September 22, 2025
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Florida approves two new property insurers
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Firm profiles and coverage targets

In accordance with a report from BestWire, Stand is described as a technology-forward firm targeted on serving to householders mitigate threat. Praxis executives convey greater than 75 years of expertise within the Florida market. Each firms intend to switch 25,000 insurance policies from Residents Property Insurance coverage Corp., the state-backed insurer of final resort. Residents now has fewer than 780,000 insurance policies, down from greater than 1.4 million in September 2023.

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Tags: approvesFloridainsurersProperty
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