Two new insurers join Florida’s growing insurance market

Stand Insurance Exchange, based in Tallahassee, and Praxis Reciprocal Exchange, based in Tampa, have been approved to do business in Florida, Insurance Commissioner Mike Yaworsky announced Thursday.

Florida lawmakers enacted insurance reforms in 2022 and 2023.
Florida lawmakers enacted insurance reforms in 2022 and 2023.
Photo by Mikalaj Mencuk/stock.adobe.com
  • Tampa Bay-Lakeland
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Two new property and casualty insurance companies have been approved to do business in Florida, Insurance Commissioner Mike Yaworsky announced Thursday. The firms are Stand Insurance Exchange, based in Tallahassee, and Praxis Reciprocal Exchange, based in Tampa. 

 

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