Avatar to buy fellow Floridian Epic

David BullAvatar Partners has agreed to buy Elements Property Insurance
Holdings and its insurance subsidiaries in a deal that brings two
of Florida's smaller homeowners carriers together.
The Insurance Insider revealed just
before Christmas that Elements Property Insurance Company (Epic)
had been put up for sale as its trade backers looked for an exit in
an increasingly challenged Florida homeowners' market.
The acquisition will add Epic's approximately $65.0mn book
of in-force Florida resident