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State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage
![](https://centurioninsuranceafs.com/wp-content/uploads/2020/01/florida-domestic-insurer-sawgrass-mutual-580x396.jpg)
Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state regulators determined the company is insolvent and unable to establish a viable business plan moving forward.
The Florida Department of Financial Services has been appointed as the receiver and the insurer’s more than 90,000 policyholders have been notified to find a new insurance company immediately. DFS has also alerted agents to assist their policyholders with finding new coverage.
film modu 13th Jan 2020 9:04:27 am
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