SLIDE INSURANCE HOLDINGS INC
SLDE
Financial Services
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
### The Florida "Depopulation" Engine: Concise Summary
Slide (SLDE) and Heritage (HRTG) grow primarily through a state-sanctioned process that offloads risk from Florida's taxpayer-backed "insurer of last resort" (**Citizens**) onto private companies.
#### **How it Works: The "Inertia" Funnel** 1. **Selection:** Private companies scan the Citizens database and "cherry-pick" lower-risk homes they want to insure. 2. **The Offer:** You receive a letter in the mail. If the private company’s premium is **within 20%** of what Citizens would charge you, the state declares you "ineligible" for Citizens. 3. **The Trap:** If you ignore the letter (or it gets lost in the mail), you are **automatically transferred** to the private company. Your mortgage escrow is billed, and your previous state-backed coverage is canceled without your signature.
#### **The Core Criticisms** * **"Legalized Extortion":** Consumer advocates call it "highway robbery" because homeowners are forced into private...
Research Sources
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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