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

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

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

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