With mortgage rates reaching all-time lows, many homeowners are refinancing. Click here to be sure you know what to do if your mortgage changes hands. 

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JACKSONVILLE, FLA. — Florida Specialty Insurance Company was placed into receivership Oct. 2. This means that all Florida Specialty policies will be canceled effective 12:01 a.m. Friday, Nov. 1, unless you were otherwise notified that your policy was to be terminated prior to that date.

As an insurance agency, our obligation is to help find our current Florida Specialty customers replacement coverage. Your Brightway agent represents more insurance companies than other agents and can find you replacement coverage.

Several of our insurance company partners have stepped forward and will accept customers whose policies lapsed due to the policy deadline.

We have proactively reached out to all Brightway customers who have a Florida Specialty policy and transitioned some policies, but there are many customers who we have not yet been able to reach whose coverage is vulnerable because their policies have not yet been rewritten with another insurance company.

If you are a Brightway customer with a Florida Specialty policy and have not yet spoken to a Brightway representative about moving your policy to a new insurance company, please call or email your Brightway Agency as soon as possible using the contact information provided in the email or letter you received.  If you need contact information, please visit Brightway.com.
If your Homeowners insurance is paid through your mortgage company, your mortgage company may “force place” your insurance. This coverage is expensive, is not refundable and provides very little coverage.

If possible, please have your Florida Specialty policy number ready so we can most efficiently handle your call.

The Florida Department of Financial Services answers Frequently Asked Questions about FSIC on its website.