NU Online News Service, June 15, 2:40 p.m. EDT
Florida domestic insurer Olympus Insurance Company has satisfied state regulators with a corrective action plan to rectify concerns about the company's solvency.
In April, the Florida Office of Insurance Regulation (OIR) had threatened to suspend Olympus because it felt the Orlando, Fla.-based homeowners insurer was writing business above levels of what it could support, according to an order from the OIR.
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