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In February, Tampa-based Slide Insurance grew by nearly $300 million in annual premiums, absorbing more than 91,000 policies from St. Petersburg-based UPC Insurance, a property insurance firm that got hit hard by Hurricane Ian-related damage claims.
Slide also announced it will accept new business, making it the first Florida-based insurer to do so in 2023, as the industry struggles to rebound from last year’s hurricane-related losses and the state Legislature grapples with sky-high attorney fees and frivolous lawsuits.
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