Self-Insurance Fund Acquires MidSouth

FCBI, an Orlando, Florida-based group self-insurance fund providing workers' compensation insurance to construction and agricultural policyholders, said Thursday that it has acquired MidSouth Mutual Insurance Co. MidSouth, which is based in Hendersonville, Tennessee, will now go by MidSouth Insurance Co. and will operate as a subsidiary of FCBI, which stands for Florida, Citrus, Business and Industries. FCBI, which has about 6,500 member policyholders, started offering workers' comp insurance to Florida citrus growers but expanded to offer coverage to construction companies. It ...