State Farm Florida has reappeared in market share charts publicly released by Florida's Office of Insurance Regulation after an eight-year absence. The company insures the third-largest number of homes in Florida, 558,604, behind only state-owned Citizens Property Insurance Corp. and Fort Lauderdale-based Universal Property & Casualty. State Farm Florida had been blocking public release of its policy count since invoking "trade secret" status in 2014, preventing industry analysts and lawmakers from accurately assessing Florida's insurance marketplace. Public release of statewide totals were ordered as part of a package of insurance reforms approved by the state Legislature last May.
Florida insurance companies ranked by policy count: How big is yours? [South Florida Sun-Sentinel]
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Florida insurance companies ranked by policy count: How big is yours? [South Florida Sun-Sentinel]
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.