What's changed at Star Casualty
Every update we've tracked for Star Casualty, newest first. Each one links to the full note.
-
Owners put in more capital after state exam
Florida's exam found 2021 loss reserves short by about $5.4 million. The owners added $757,000 on November 30, 2022, and the company reported $8.6 million in surplus at the end of 2022.
-
Iowa limits new sales as Florida keeps watch on its capital
Star Casualty's surplus fell. An Iowa order said Florida then put it under closer watch. Iowa barred new policies there until it said yes. A Florida consent order set a $4.6 million capital minimum.
-
Star Casualty Insurance Company was formed in Florida on August 20, 1987. It began business on July 25, 1988. It sold private passenger auto from Miami.