Company Information

Get to know Weston Insurance

Founded in 2011, Weston Property & Casualty Insurance Company was a Florida-based insurer focused on underwriting windstorm and hail risks for homeowners and businesses. The company's mission was to provide reliable coverage in catastrophe-prone coastal regions, operating in Florida, Texas, Louisiana, Mississippi, South Carolina, and Alabama. Due to significant losses from hurricanes and growing financial instability within the Florida insurance market, the company was declared insolvent and ordered into liquidation by the Florida Office of Insurance Regulation in August 2022. The Florida Department of Financial Services is now overseeing the liquidation process and the handling of outstanding claims.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Weston Insurance

United States

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.