Gulfstream Property & Casualty
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Gulfstream Property & Casualty Insurance Company is in court-ordered liquidation effective July 28, 2021; it is no longer an active underwriting carrier and is not accepting or renewing any business. Status / authority - Liquidation ordered by the Second Judicial Circuit Court in Leon County, Florida on July 28, 2021, with the Florida Department of Financial Services (DFS), Division of Rehabilitation and Liquidation, appointed Receiver.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - DFS liquidation estate remains active strictly for runoff, claims handling, and asset recovery; zero new premium writings are reported post‑liquidation.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_QST_20241231_FinancialStatement.pdf?utm_source=openai)) Products previously written (for historical reference only) - Homeowners multi‑peril, fire, allied lines, inland marine, and other liability lines in FL, AL, LA, MS, SC, and TX.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - A separate Gulfstream flood book has been moved to NFIP Direct for servicing.([myfloridacfo.com](https://myfloridacfo.com/division/receiver/companies/detail/556?utm_source=openai)) Current underwriting / appetite position - No active appetite: all Gulfstream policies were cancelled effective 12:01 a.m. August 27, 2021, unless terminated earlier. There is no authority to bind, quote, endorse (other than as directed for liquidation administration), or renew any policy.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - There are therefore no preferred, acceptable, or restricted classes for new business; all new or renewal submissions must be placed with other solvent markets. Geographic notes - Legacy footprint included FL, AL, LA, MS, SC, and TX for property and related lines.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - For flood business formerly under Gulfstream, policy and claim servicing has transitioned to NFIP Direct; agents and insureds should contact NFIP Direct for all flood‑related matters.([myfloridacfo.com](https://myfloridacfo.com/division/receiver/companies/detail/556?utm_source=openai)) Agent / broker obligations and instructions (liquidation) - Agents of record were formally notified that the liquidation order significantly affects policyholders and may create legal obligations under Florida Statute 631.341.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - Agents must provide written notice of the receivership/liquidation to policyholders whose policies have not been replaced or reinsured with a solvent authorized insurer. Notice must be by registered or certified mail, or by email with delivery receipt required, sent to the last known address of each applicable policyholder.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - Notice to policyholders must clearly state: (1) Gulfstream policies are cancelled effective 12:01 a.m. August 27, 2021 (unless earlier terminated); and (2) the receivership claim filing deadline was July 28, 2022.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - Agents are expected by DFS to proactively contact Gulfstream policyholders, assist them with understanding the receivership, and help secure replacement coverage with other carriers.([myfloridacfo.com](https://www.myfloridacfo.com/docs-sf/default-source/rehab-and-liquidation_publicdocuments_files/556_NOT_20210728_NoticetoAgentsorBrokerConcerningLiquidation.pdf?utm_source=openai)) - Agents who owe unearned commissions must remit payments to the DFS Division of Rehabilitation & Liquidation at the lockbox addresses provided by the Receiver.([myfloridacfo.com](https://myfloridacfo.com/division/receiver/companies/detail/556?utm_source=openai)) Claims and run‑off handling - The DFS Receiver is administering all remaining Gulfstream claims and estate matters. New property and casualty claims can no longer be reported under active coverage; only losses within policy and cancellation dates are handled pursuant to guaranty association and receivership rules.([tpciga.org](https://www.tpciga.org/gulfstream.html?utm_source=openai)) - State guaranty associations (e.g., Texas, Louisiana, others) are paying covered claims subject to statutory caps and conditions; DFS court filings show ongoing distributions to eligible guaranty associations.([tpciga.org](https://www.tpciga.org/gulfstream.html?utm_source=openai)) Operational guidance for brokers today - Do not submit any new, rewrite, endorsement, or renewal business to Gulfstream; the company is non‑operational and in liquidation. - For any in‑force or historical Gulfstream policies discovered in a book review, assume they are cancelled; immediately place replacement coverage with an active insurer and then help the insured pursue any remaining claim issues with the Receiver/guaranty association. - For policy or claim file copies, or status questions, follow the DFS Receiver contact instructions on the company detail page; requests must include claimant/policyholder identification, policy number, claim number, and date of loss.([myfloridacfo.com](https://myfloridacfo.com/division/receiver/companies/detail/556?utm_source=openai)) Because Gulfstream is liquidated, there are no current underwriting guidelines, appetite statements, or submission requirements beyond the liquidation‑specific agent notification, documentation, and remittance obligations described above.