Make us your home page
Instagram

Coral Insurance Co. placed into receivership

Hollywood-based Coral Insurance Co., which has about 11,750 homeowners policies in Florida, was placed into receivership Thursday by a Leon County Circuit Court judge. Florida's Department of Financial Services was named as the receiver. Under an agreement with Coral, policyholders with homes valued at under $1 million have the option to get replacement coverage from Security First Insurance Co. while those with homes valued at more than $1 million will have the option of coverage through the MacNeill Group, Inc. Coral stopped writing new coverage in early March and stopped writing renewal coverage after March 29. Florida Chief Financial Officer Alex Sink urged policyholders to contact their agents to discuss options. For coverage issues, policyholders should contact Coral at 1-800-875-8330, option 4. For claim issues, call 1-866-478-2379.

Coral Insurance Co. placed into receivership 04/09/09 [Last modified: Thursday, April 9, 2009 6:16pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Shell of Old GM Surfaces in Court Fight Over Ignition Flaw

    Autos

    DETROIT — For eight years, the shell of prebankruptcy General Motors has lingered on in the form of "old GM" — first as a corporate entity and now as an obscure trust designed to settle debts and claims left over from the company's huge financial collapse.

  2. Pinellas wants to see impact of tourism bucks spent on big events

    Local Government

    CLEARWATER –– Pinellas County relies on more than just beaches to attract visitors. County government also spends millions to help sponsor big-name events to draw even more tourists.

    The Pinellas County Tourist Development Council awareded up to $250,000 to help sponsor the 2018 Firestone Grand Prix of St. Petersburg. [CHRIS URSO   |   Times]
  3. Appointments at the Tampa Metropolitan Area YMCA and the Straz Center highlight this week's Tampa Bay business Movers & Shakers

    Business

    Charities

    The Tampa Metropolitan Area YMCA has named Matt Mitchell its new chief executive officer, effective Oct. 16. Selected by the Y's CEO Search Committee following a five-month search, Mitchell will succeed Tom Looby, who is retiring. Looby has served the Y Movement for 37 years, the past 10 …

    The Tampa Metropolitan Area YMCA has named Matt Mitchell as its new Chief Executive Officer. [Handout photo]
  4. Rep. Larry Ahern gets roughed up by Clearwater City Council

    State Roundup

    It seemed innocuous enough: an "end of session report" from state Rep. Larry Ahern, R-Seminole, to the Clearwater City Council.

    Then Ahern got taken to the woodshed.

    Rep. Larry Ahern is vying for a seat on the Pinellas commission.
  5. There's a bar in Tampa where you can roller skate and eat sushi

    Food & Dining

    Roller skating, it's not just for kids birthday parties and the 1970s anymore.

    The exterior of Pattinis features this mural by Art Aliens! [Pattinis South Tampa via Facebook]