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Under New Owners, Florida’s True Gets Slight Downgrade, Withdraws From Am Best

Six weeks after Trusted Resource Underwriters Exchange, a Florida-based reciprocal property insurer, announced it had received a $1.25 billion capital investment and new majority ownership, the AM Best rating firm has slightly downgraded the exchange’s financial strength and credit ratings. …

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Under New Owners, Florida’s True Gets Slight Downgrade, Withdraws From Am Best

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