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The Florida homeowners’ InsurTech went public today at $17 per share. -
Slide will also expand its footprint to New York and New Jersey towards the end of the year.
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The carrier is pricing shares at the upper end of the range announced this month.
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Florida regulators have also approved takeouts for Mangrove and Slide.
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This is up from last year’s $1bn protection for its Florida treaty.
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An active hurricane season threatens to weigh on hard-fought capital and underwriting margins.
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The suit, filed in Florida federal court, is Uber’s second Rico case.
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The Floridian is the third insurance company to go public in 2025.
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Estimates on what a cat five in downtown Miami could cost vary, but it would be painful for reinsurers.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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This publication revealed back in February that Itel was being prepared for a sale.
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HCI secured three towers with $3.5bn in XoL coverage.
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