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A report by the ratings agency challenges current industry wisdom. -
Models anticipate a busier second half, particularly in the next few weeks.
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The deal is expected to result in $700mn in combined GWP in Florida upon completion.
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The company generated $71.4mn in revenue for H1 2025.
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The bi-partisan legislation would make FEMA a cabinet-level agency.
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The PE-backed MGA has Morgan Stanley, Bank of America and JPMorgan advising.
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The company said defendant "distraction" can’t make up for flimsy arguments.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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The insurer said it expects to begin writing business by the end of the month.
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The company plans to launch in New York and New Jersey next year.
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Floir has greenlit at least 14 new companies for operation in Florida in the last few years, contributing to the competition.
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Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
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