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Division Director

Toma Wilkerson

Assistant Division Director

Mary Linzee Branham

Division of Rehabilitation and Liquidation
Alexander Building
2020 Capital Circle SE
Suite 310
Tallahassee, FL 32301

Company Information

Sunshine State Insurance Company


Name of Company: Sunshine State Insurance Company
CASE NUMBER: 2014 CA 1432
Date of Liquidation: June 3, 2014
policy cancellation Date: June 27, 2014
Coverage: Property and Casualty
Guaranty Association: Florida Insurance Guaranty Association(you are leaving the DFS website and opening a new browser window)(FIGA)
State of Domicile: Florida
Status of Receivership: Liquidation


Notice of Receivership

On June 3, 2014, Sunshine State Insurance Company was ordered into receivership for purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services is the court appointed Receiver of Sunshine State Insurance Company (Sunshine State).

Background Information

Sunshine State was a property and casualty insurance company located in Jacksonville, Florida. It was licensed in Florida in 1997. The company was licensed in three states – Florida, South Carolina, and Mississippi – and primarily wrote homeowners’ insurance coverage.The company also offered Flood Insurance.


Sunshine State had approximately 36,400 active policies as of March 31, 2014. Under the terms of the Liquidation Order, policies which had not expired prior to that time were cancelled effective 12:01 a.m. on the date 30 days after the entry of the Liquidation Order; provided that policies of flood insurance issued by Sunshine State were cancelled.The Department worked with the Florida Office of Insurance Regulation (OIR), and the Florida Insurance Guaranty Association (FIGA) on a transition plan which would provide continued coverage for the Sunshine State policyholders. The Transition Plan was approved by the Court on June 13, 2014.Policies subject to the Transition Plan were cancelled effective 12:01 a.m. on June 27, 2014, but policyholders were able to obtain continued coverage through Heritage Property & Casualty Insurance Company.


Flood policies were not cancelled by the Liquidation Order and continued, except if the policy was previously cancelled as a result of the nonpayment of current premium, or upon the normal expiration date.


Builders' Risk insurance policies are not addressed in the Transition Plan.