Poe Financial Group’s Florida Preferred Approved in Fla.

The Poe Financial Group announced that it’s Florida Preferred Property Insurance Company has received regulatory approval in Florida.

Company president Bill Poe Jr. said, “We are pleased to be in a position to offer this alternative within the Florida residential property marketplace. We are excited about the future and the realization of adding this new insurance company to the Poe Financial Group portfolio.”

Poe Financial Group’s insurance company affiliates, Atlantic Preferred Insurance Company, Southern Family Insurance Company and now Florida Preferred Property Insurance Company, offer a broad range of insurance and financial products and services. Poe Financial Group specializes in homeowner (including condo-unit owner), commercial habitational and small business insurance risks.

Southern Family Insurance Company is rated “B++” by A.M. Best. Atlantic Preferred Insurance Company, Florida Preferred Property Insurance Company and Southern Family Insurance Company hold an “A Exceptional” or better rating from Demotech Inc.

Poe Financial Group is headquartered in Tampa.