New Insurers Entering Florida in 2026: The List So Far

If you've been told "nobody's writing in your area," it's worth knowing the list of companies allowed to sell property insurance in Florida keeps getting longer. The Florida Office of Insurance Regulation (OIR) publishes a running New Entities report, and the latest version runs through September 30, 2026.

The 2026 list, through September 30

Our tracker pulls the property and casualty insurers and reciprocal exchanges from OIR's New Entities Report as of Sep 30, 2026. That's 13 companies so far this year, with the date OIR lists for each:

• Sentry Direct Insurance Company, September 18 (out-of-state company)
• Jet Insurance Company, August 7 (out-of-state)
• Dallas Specialty Insurance Company, July 13 (out-of-state)
• Vision Insurance Exchange, June 25 (Florida reciprocal)
• Sypher Insurance Exchange, May 29 (Florida reciprocal)
• Builder Reciprocal Insurance Exchange, May 18 (out-of-state reciprocal)
• Anza Mortgage Insurance Corporation, April 22 (out-of-state)
• Frontline Insurance Reciprocal Exchange, April 22 (Florida reciprocal)
• Redion Insurance Company, April 1 (out-of-state)
• First Founders Assurance Company, March 18 (out-of-state)
• Fidelity Security Assurance Company, February 2 (out-of-state)
• Retailers Insurance Company, February 2 (out-of-state)
• Wingsail Insurance Company, February 2 (out-of-state)

One big caveat: being a newly authorized property and casualty company doesn't mean a company sells homeowners policies. Some write commercial, auto or specialty lines, and a mortgage insurer obviously isn't going to insure your roof. The report lists authority and domicile, not which products a company sells.

The three OIR highlighted for homeowners

In a May 20, 2026 announcement, Commissioner Mike Yaworsky called out three of these as new property insurers and said they brought the total to 20 companies entering the market since Florida's legislative reforms, with more than $850 million in new capital. According to that release:

• Builder Reciprocal Insurance Exchange is based in Texas, is approved to write homeowners multi-peril insurance, and focuses on new or newer home communities. OIR said it brings more than $100 million in capital.
• Frontline Insurance Reciprocal Exchange is based in Lake Mary and is approved for lines including homeowners multi-peril. OIR said it will provide coverage in all 67 Florida counties.
• Wingsail Insurance Company is domiciled in Arizona, is owned by Spinnaker Insurance Company, and is expanding homeowners multi-peril coverage into Florida.

Is anyone actually writing yet?

The best public check is OIR's monthly market data. In the July 2026 report our tracker uses (the latest available at our last refresh), Frontline Insurance Reciprocal Exchange reported 1,117 owner-occupied homeowners policies in force as of July 31, all of them written new that month. That's small next to the biggest carriers, but it shows the company is putting policies on the books. OIR notes this monthly data is submitted by companies and isn't audited.

None of the other 2026 entrants showed up with homeowners policies in that July data. That could simply mean they hadn't started writing, write other lines, or report under a different name. It's a reason to ask, not a conclusion.

Why new companies matter right now

More competition is part of why the market feels different this fall. Insurance Business reported on October 23 that reinsurance costs are easing for Florida carriers, and OIR said in September it's getting a "flood" of rate decrease requests. We covered the approved cuts in our fall rate decreases post.

What to check before you get a quote from a new company

1. Confirm it's licensed. Use the Active Company Search tool on OIR's website and check it writes homeowners coverage, not just other lines.
2. Ask whether it writes in your county and for your home. New companies often start with limits on location, roof age or home age. Builder Reciprocal, for example, says it's focused on newer communities.
3. Compare like for like. Match your dwelling limit, hurricane deductible and endorsements so you're comparing the same coverage.
4. Ask about financial strength ratings your lender requires. Your agent or mortgage servicer can tell you what's acceptable.
5. Bind before you cancel. Never drop your current policy until the new one is in force.

This is general information, not insurance, legal or financial advice. Confirm licensing, eligibility and coverage with your agent, the company, Citizens or OIR.

See every newly authorized company with its OIR source on our new insurers tracker, and check who's writing the most new policies on our who's writing page. Want a short weekly email when new insurers, rate changes or takeouts land? Sign up for alerts.

Not insurance, legal or financial advice. Confirm details with your insurer, a licensed agent or the Florida Office of Insurance Regulation.