The company had filed a plan on June 8, 2022, that outlined how it could transition policies to another insurer, fund a solvent run-off of current and incurred (but not reported) liabilities, address potential reserve inadequacy issues and manage its policies and losses outside of Florida. The state's insurance office rejected it. (Credit: Fitz/Adobe Stock)
Southern Fidelity Insurance Company has entered into receivership and is being liquidated, according to the Florida Office of Insurance Regulations (FLOIR).
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
