Capacity Insurance Company formally exited the residential commercial property segment in Florida (excluding condo associations) with a filing acknowledged September 28, 2018. The withdrawal, effective October 1 for both new and renewal business, stamped residential manual pages as withdrawn and added an eligibility rule under Commercial Property – Non-Residential explicitly excluding residential risks.

The move followed direction from the Florida OIR, which required multiple rule and form filings to close out Capacity’s residential programs. Perr&Knight (Paula Rossman) handled the filing.

A red flag surfaced when the company proposed a retroactive effective date of December 27, 2018—too far in the past for a “File and Use” submission. Capacity explained it had first attempted to file as “Informational” before being redirected to the proper filing type.

The filing marked a clean break from residential commercial property in Florida, narrowing Capacity’s focus to non-residential risks.