Gulfstream agrees to liquidate following insolvency
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Gulfstream agrees to liquidate following insolvency

Gulfstream Property & Casualty logo Sarasota Florida.jpg

Gulfstream Property and Casualty Insurance has agreed to liquidate after going insolvent in another sign of the instability in the Florida P&C market.

The Florida Office of Insurance Regulation (Floir) ordered a state takeover of the Sarasota, Florida-based carrier last week, The Tampa Bay Times reported.

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