What's changed at Edison Insurance
Every update we've tracked for Edison Insurance, newest first. Each one links to the full note.
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Files for 9.8% average residential rate drop
Edison filed a use and file request for an average 9.8% residential decrease, applied to renewals from July 15, 2026. OIR had not yet approved it at publication. Company reported more than 145,000 policies in force.
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OIR approves 10% HO3 and 10.5% HO6 decreases
Approved decreases of 10% on HO3 homeowners and 10.5% on HO6 condo policies. They took effect July 1, 2026 for new business and July 15, 2026 for renewals.
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Sixth Citizens takeout approval of 2023
OIR consent order 320986-23-CO approved Edison to assume Citizens policies in March 2024. Edison had six takeout approvals in 2023, from January 31 to December 28. No approvals are listed for 2024 to 2026.
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Florida Peninsula Holdings buys Edison. OIR signs off on the deal.
Florida Peninsula Holdings bought the Edison Insurance Group. OIR gave its consent. Edison Insurance Company was part of the deal. Edison then had more than 25,000 policyholders. It was based in St. Petersburg.