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OIR approves Mainsail as newest domestic property insurer; Citizens in line to shed nearly 300,000 policies

Florida’s Office of Insurance Regulation (OIR) this week granted authorization to Mainsail Insurance Company, a property and casualty insurer headquartered in Texas, to function as a domestic insurer within the state.

According to OIR data, the insurer has been approved to offer 17 varying lines of insurance including auto, property, and commercial coverage.