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Explorer Insurance Driving Out of Florida

Explorer Insurance Co. is putting the brakes on the company's auto insurance business in the Sunshine State.

By Joan E. Collier, Joan E. Collier | Updated on September 06, 2010

“Due to our deteriorating results in Florida, we are reducing all commissions to zero percent, effective Sept. 7, 2010. We appreciate your continued understanding and support.” That e-mail, sent Sept. 3 from Explorer Insurance Co. (www.explorer-insurance.com) to its 400-plus Florida authorized agents, put the brakes on the company’s auto insurance business in the Sunshine State.

Headquartered in Santa Clarita, Calif., Explorer has been writing private passenger auto insurance in California since 1992 and in Florida since 2000.The company also has a claims processing office in Lake Mary, which will remain open “for the time being, to service accounts,” said Assistant Vice President of Marketing Aleci Harvey.

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