NU Online News Service, July 10, 2:15 p.m. EDT

A small Florida-based reciprocal insurance company that specializes in coverage of expensive, storm-resistant shore homes is expanding into New Jersey, the firm said yesterday.

The announcement by Fort Lauderdale-headquartered PURE Risk Management LLC brings the number of states the company operates in to four. It also insures property in New York and South Carolina and is licensed for Connecticut and Washington, D.C.

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