Maison owner PIH gears up for Florida entry

Maison owner 1347 Property Holdings (PIH) plans to begin
operating in Florida next month with as much as $6mn in deployable
capital after a rebound in fourth-quarter income, according to
company officials.
The Tampa, Florida-based carrier that writes homeowners policies
in Louisiana and Texas recently won permission from the Sunshine
State to do business there as well. CEO Doug Raucy said yesterday
that after looking for acquisitions in the new market, the company
opted to go it alone.
But he...