TALLAHASSEE, Fla. – Jan. 9, 2013 – The Florida Office of Insurance Regulation (OIR) has released its 2012 Fast Facts report, created to give interested parties statistical data about Florida’s insurance market. The report compiles financial and regulatory information, insurance premium volume, number of domestic insurance companies and related entities, enforcement actions/consumer recoveries, public hearings and more.

The Fast Facts report also includes four “Top 20” lists with information about insurance companies in Florida for personal residential, personal automobile, life and annuity, and accident and health lines of business.

For residential homeowner policies, Florida-owned Citizens Property Insurance tops the state list with 1.4 million policies, or more than the number covered by the four largest private insurers combined.

The latest report includes the following breakdown for residential insurance writers by size, followed by number of Florida policies in December 2012:

1. Citizens Property – 1,423,160
2. Universal Property & Casualty – 578,825
3. State Farm Florida – 453,997
4. St. Johns Insurance – 174,021
5. Security First – 147,080
6. USAA – 142,733
7. Castle Key Indemnity (Allstate) – 131,759
8. Castle Key Insurance (Allstate) – 127,540
9. Homeowners Choice – 122,737
10. ASI Assurance – 113,603
11. Florida Peninsula – 112,372
12. American Integrity – 106,052
13. Tower Hill Prime – 104,594
14. American Bankers – 96,381
15. United Property & Casualty – 95,036
16. Florida Family – 87,059
17. ASI Preferred – 78,977
18. Tower Hill Signature – 78,816
19. Universal Insurance – 76,559
20. Southern Fidelity – 74,556

The Fast Facts report can be downloaded through the Florida Office of Insurance Regulation website.

© 2013 Florida Realtors®