NU Online News Service, Jan. 18, 12:29 p.m. EST
The Florida Office of Insurance Regulation (OIR) said it has approved Southern Oak Insurance Company to take out 14,000 policies from the state's last-resort insurer.
According to a consent order from the OIR, Southern Oak will remove the policies from Citizens Property Insurance Corp.'s personal lines (12,000) and high risk multi-peril (2,000) accounts on or about March 8.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
