New insurer enters Florida’s property insurance market amid growing ‘stability’

New insurer enters Florida’s property insurance market amid growing ‘stability’

FLORIDA, Fla. – It’s being called great news for Florida homeowners!

RELATED: Florida lawmakers introduce new bill that could save money on flood policies, attract homeowners

Another insurance company has decided to enter Florida’s property insurance market, a move expected to boost competition and offer more options for Floridians.

Industry analysts are weighing in on what this could mean for the state’s property insurance landscape.

In a recent statement from the Florida Office of Insurance Regulation, Commissioner Michael Yaworsky emphasized the continued strengthening of Florida’s property insurance market.

The commissioner referenced the addition of Trident Reciprocal Exchange, a new pr...

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