Mangrove Insurance
Mangrove is a new Florida only home insurer in St. Petersburg. It was licensed in January 2025. Stephen Weinstein founded it. It grew mostly from Citizens.
You can find it on our list of Florida home insurance companies. Its Florida company code is 88536 and its NAIC number is 17735.
Taking some new policiesChecked Oct 19 Home and landlord
Is Mangrove leaving Florida? No. Mangrove is a new Florida home insurer licensed January 15, 2025. It grew by taking Citizens policies in 2025 and sells through appointed agents in all 67 counties. As of Oct 19, 2026. Source: mangrove-fl.com.
New policies
Taking some new policies
As of Oct 19, 2026
Policies in force
61,371
Jul 31, 2026, OIR
Latest rate change
Not available
No rate change on file
Financial strength
A (Exceptional)
From Demotech, as of Oct 20, 2026
Complaints
NAIC shows no confirmed complaints in 2025.
NAIC, 2025, nationwide, homeowners
Near you
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What's changed recently
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Demotech's company page shows Mangrove's Financial Stability Rating of A (Exceptional). It was affirmed Sept 17, 2026. Its reinsurance use measure is 80% to 90% of premium.
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Third take out from Citizens, about 31,947 policies
OIR's 2025 takeout summary lists Mangrove for about 31,947 personal residential multi peril policies. They came in the Dec 16, 2025 Citizens assumption. It was Mangrove's third of the year.
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First Citizens takeout, up to 81,040 policies
Mangrove began taking personal residential multi peril policies out of Citizens on April 15, 2025. A second round came June 17, 2025. OIR listed up to 81,040 policies. Press put the total at up to 81,000.
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Mangrove gets its license from OIR
OIR approved its certificate of authority. It can sell property and casualty coverage. It is for homes in all 67 counties. It sells through independent agents. Weeks later, Demotech gave it an A (Exceptional) rating.
Rate history
No rate filings tracked yet.
1 years in Florida
In Florida since 2025. Has paid claims through 1 hurricane.
Compare Mangrove side by side
| Mangrove | State Farm | Universal Property | |
|---|---|---|---|
| New policies | Taking some new policies Checked Oct 19, 2026 | Taking new policies Checked Oct 19, 2026 | Taking new policies Checked Oct 19, 2026 |
| Florida policies | 61,371 Florida OIR, Jul 31, 2026 | 654,641 Florida OIR, Jul 31, 2026 | 594,182 Florida OIR, Jul 31, 2026 |
| Latest rate change | Not available | +0.8% Home, from Jan 15, 2026 | −5.1% Home, from Oct 16, 2025 |
| Complaint index | NAIC shows no confirmed complaints in 2025. NAIC, 2025, nationwide, homeowners | 0.63 NAIC, 2025, nationwide, homeowners. 1.00 is average. | 2.63 NAIC, 2025, nationwide, homeowners. 1.00 is average. |
| Financial rating | A (Exceptional) Demotech, Oct 20, 2026 | A- (Excellent) AM Best | A Demotech, Oct 7, 2026 |
| In Florida since | 2025 | 1934 | 1997 |
People also compare with
- State Farm Taking new policies
State Farm sells home, condo, renters and auto policies in Florida. It uses its own agents. Home policies come from State Farm Florida, a Florida only firm.
- Universal Property Taking new policies
Universal Property is a Fort Lauderdale company. It has insured Florida homes since 1997. It is now the second largest home insurer in Florida, sold by agents.
- Slide Taking new policies
Slide is a Tampa home insurer founded in 2021. It grew fast by taking on policies from Citizens, UPC, St. Johns and Farmers customers in Florida.
- Tower Hill Taking new policies
Tower Hill is a Gainesville insurer. It has covered Florida homes since 1972. New policies come from the Tower Hill Insurance Exchange. Its members own it.
- American Integrity Taking new policies
American Integrity is a Tampa home insurer started in 2006. Now the 5th largest home insurer in Florida, with 423,783 policies on July 31, 2026, per OIR.
Questions people ask about Mangrove
Is Mangrove leaving Florida?No.
Mangrove is a Florida start up, not a national carrier pulling back. OIR licensed it Jan 15, 2025. OIR approved it for Citizens takeouts in April, June and December 2025. Demotech affirmed its A (Exceptional) rating on Sept 17, 2026. Its site lists HO3 and DP3 coverage in all 67 counties.
What is the Mangrove claims phone number?Call (877) 700-3727 any time, day or night, to report a claim.
The same number is Mangrove's customer service line on weekdays from 8 am to 5 pm Eastern. You can also file online through the policyholder portal at my.mangrove-ins.com or the claim form on mangrove-fl.com. For losses that happened before your policy moved from Citizens, call Citizens at 866-411-2742.
Source: Mangrove contact, claims and Citizens transition pages, read October 10, 2026
Is Mangrove a good company?Public data only: Mangrove holds a Demotech Financial Stability Rating of A (Exceptional), first assigned in early 2025 and affirmed September 17, 2026.
It was licensed in January 2025, so there is no multi year claims or OIR exam record yet. Its founder spent more than 20 years at reinsurer RenaissanceRe. It spends 80% to 90% of premium on reinsurance.
Source: Demotech company page read Oct 10, 2026; Insurance Journal Feb 5, 2025
Who owns Mangrove?Mangrove is a private start up.
CEO Stephen Weinstein founded it and leads it. He was chief legal officer of RenaissanceRe. A holding company sits over the insurer, Mangrove Managing Agency, LLC and other affiliates. Its capital came from a private offering. Reinsurers took part in it. No existing Florida insurer owns it or is tied to it.
Source: Insurance Journal Feb 5, 2025; Carrier Management Feb 3, 2025
Is Mangrove admitted in Florida?Yes, it is.
Mangrove Property Insurance Company is a Florida domiciled, admitted insurer. OIR gave it a certificate of authority on Jan 15, 2025. That lets it sell property and casualty coverage to homeowners in all of the state. OIR reviews its rates and forms. It is an admitted home insurer. So it falls under the Florida Insurance Guaranty Association.
Source: Mangrove Citizens transition page read Oct 10, 2026; Coverager Jan 28, 2025
Is Mangrove the same as Citizens?No.
Citizens is the state backed insurer. Mangrove is a private company that OIR allowed to take over Citizens policies in 2025. If you got a Mangrove offer, your Citizens policy moves to Mangrove at renewal. Claims for losses before the move still go to Citizens at 866-411-2742; claims after it go to Mangrove at (877) 700-3727.
Source: Mangrove Citizens transition page, read October 10, 2026
Mangrove reviews and complaints: what the public data shows
Mangrove rating
- Complaints
- NAIC shows no confirmed complaints in 2025. NAIC, 2025, nationwide, homeowners. As of Oct 16, 2026.
- Years in Florida
- Since 2025 (1 years)
- Regulatory actions
- Not available
No star ratings and no user reviews, only public data.