That opportunity is what drew Lucas to the industry in 2012 when he created Heritage Insurance, and what’s behind Slide. Florida’s insurance market is one of the worst in the nation for homeowners, according to data from the National Association of Insurance Commissioners (NAIC) obtained by The Post. Lucas created Slide in 2021 in response to Florida’s emerging insurance crisis, which began even before Ian. Lucas and allies say that by raising a significant amount of money, they are able to bring more confidence to Florida’s insurance market. “Slide is in this period where these past insolvent companies were, when they were taking out all these Citizens policies.

Source: Washington Post January 01, 2024 06:59 UTC