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Coral Insurance Company announces the retirement of Susan Straker
 Hollywood, FL., August 9, 2007: Coral Insurance Company announces the retirement of Susan Straker, President, effective August 31, 2007.
Robert K. Meyers, CEO, will become President and CEO of the Coral group of companies at that time.
Ms. Straker, a third generation Florida native, is one of 32 investor/founders of Coral Insurance Company. She has been a member of the Board of Managers as well as the “voice of Coral” throughout the Company’s creation, authorization by the Office of Insurance Regulation and its first three years of existence.
“It has been an honor to work for Coral and serve South Florida homeowners,” she said. “Although 2007 has proven our most challenging year yet, I feel confident that the Coral team, under Rob Meyers’s leadership, will remain responsive to the market and continue to serve Floridians.”
“We wish Susan great happiness and good health as she enters this exciting time,” said Meyers.
“The Coral team is thankful for her leadership and professionalism and will miss her greatly.”
Coral Insurance Company is an admitted Florida P&C carrier specialized in homeowners insurance. The Company received its Certificate of Authority in March 2004 and wrote $50 million in premium in 2006.
About Coral:
- 180+ independent agents in twelve Florida counties with the majority of its business in Miami-Dade, Broward and Palm Beach counties.
- Counties served: Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, Brevard, Indian River, Collier, Lee, Charlotte, Sarasota, and Manatee.
- Rated “A” Exceptional by Demotech (since the Company was created).
- Backed by A rated reinsurers
- Insures 17,000 Florida homes
- Partners with GAB Robins for Claims Adjusting
- Audited by Thomas Howell & Ferguson.
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