Company Information

Get to know Florida Specialty Holdings

Florida Specialty Holdings, LLC, through its subsidiary Florida Specialty Insurance Company (FSIC), was a property and casualty insurance provider headquartered in Florida. The company specialized in offering homeowners and dwelling fire insurance products tailored to the unique needs of Florida residents. Founded with the mission to provide reliable coverage in a challenging market, the company grew its policyholder base within the state. However, due to financial difficulties and insolvency, its primary subsidiary, FSIC, was placed into receivership and ordered into liquidation by the Florida Office of Insurance Regulation in October 2019.

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Florida Specialty Holdings

United States

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.