Florida Insurance Companies provide record $61.2 million toward scholarships

Tallahassee, Fla — Florida insurance companies are providing a record level of support for the Florida Insurance Industry Scholarship Program, which makes it possible for low-income families across the state to send their children to schools best suited to meet their needs.

To date in 2017, Florida insurance companies have committed $61.2 million to fund 9,380 scholarships - the highest level of support ever.

Step Up For Students, the nonprofit organization that helps to manage the needs-based Florida Tax Credit Scholarship Program, praised insurance companies' significant support for the program, which expects to serve 102,000 students this year.

"Tower Hill and UnitedHealthcare are true leaders for supporting innovative education initiatives in Florida, and we hope other companies and industries follow in their footsteps by providing students with a better opportunity to succeed," said Doug Tuthill, president of Step Up For Students.

Peter Corrigan, president of Florida Family Insurance Company and chairman of the Florida Insurance Industry Scholarship Program, has worked to grow the Florida insurance industry's support for the scholarship program.

"We're extremely proud of Florida's insurance industry's unprecedented level of support for this tremendously worthwhile program," said Corrigan. "We are on track to double our level of support this year, and I strongly urge insurance companies that aren't currently participating to join us as a way to give back to our great state."