American Keystone Insurance Seized by Florida Regulators
This company is only 2 years old and opened up more Insurance avenues for higher valued properties in Florida. Starting at $250,000 and up, they had over 7000 homeowners. The state had originally tried to sure up the company, but it was later determined to be too little, too late, so to speak. The company is in receivership under Florida Department of Financial Services.
I would not recommend putting of this change, as we are technically still in Hurricane season. And if you are in need of a referral I would recommend
Sarah Morgera @ Grauer Insurance Agency, Inc.
2101 Mariner Boulevard
Spring Hill, FL 34609-3860
Toll-Free: 888-404-3312
Phone: 352-683-3312
"Following a circuit court ruling issued Friday, American Keystone Insurance Co. was placed in receivership and will be liquidated following unsuccessful attempts to shore up the two-year-old company that has about 7,618 policyholders."
"All policies will be cancelled effective 11:59 p.m. on Nov. 8, 2009."
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=225165
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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