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Southern Fidelity placed into receivership; HSCM ploughed $200mn into firm since takeover

Southern Fidelity Insurance Company logo florida sign.jpg

Southern Fidelity has been placed into receivership, as filings on the Office of Insurance Regulation (OIR) website show that parent HSCM has provided more than $200mn in funding to the Floridian insurer since its acquisition in 2020.

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