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Florida’s Capitol Preferred to Shed Nearly 24K Policies

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Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s insurance regulator to shed 23,800 policies just weeks before the start of hurricane season.

In a March 12 consent order, the Florida Office of Insurance Regulation found that the early cancellation of the Capitol Preferred policies was necessary based on its magnitude of losses in 2017, 2018, and 2019, the increased cost of reinsurance and “to protect the best interests of the public and policyholders,” according to an OIR spokesperson.

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The Law Office of Dianne Grant will help you fight the insurance companies to get the compensation you are entitled to under your insurance policies.  

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The Law Office of Dianne Grant will help you fight the insurance companies to get the compensation you are entitled to under your insurance policies.  

We offer a FREE CASE EVALUATION and FREE INSPECTION of your homes and businesses. You don’t have to pay us unless we recover money for you.  

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