Homeowners Choice, Inc. a Florida-based insurance holding company, has taken initial steps to enter the Alabama homeowners insurance market, its first market outside of Florida.
According to the company, it expects to satisfy the Alabama regulatory requirements and begin operations there by the end of 2011. The company cited a number of reasons for choosing Alabama, including the regulatory environment, adequacy of insurance rates, the proximity to Florida and the sufficient size of the market.
Source:
Topics Florida Homeowners Alabama
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
AI for the Defense: Should Insurers or Law Firms Pay? 
