Speculation mounts over Sawgrass book

Speculation is mounting over the future of Sawgrass Mutual's
book of Florida homeowners' business after the company was
placed into administrative supervision by its state regulator last
week.
The move by the Florida Office of Insurance Regulation (FLOIR)
came a day after the carrier was dealt a significant blow by
Demotech, as its financial stability rating (FSR) was downgraded
from A, Exceptional to L, Licensed.
The FLOIR consent order, signed by Insurance Commissioner David
Altmaier, was the