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Florida Domestic Insurers Have Backup Plans If State Hurricane Funds Slow

Southeast News • May 7, 2009
Most of Florida's smaller domestic property insurers have initiated backup financing plans in the event the state-backed hurricane fund can't meet its obligations right after a major storm ...

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Subject: Demotech

Posted On: May 7, 2009, 1:15 pm CDT
Posted By: Worried
Comment:
While I think it is reasonable that Demotech is finally looking at some downgrades, I don't see them as a credible source of actuarial or rating data. I think they'd give my daughter's piggy bank at least a B+. Case in point - in February, someone from Argus contacted our agency and was very proud of their A rating from Demotech. I pulled up Best's immediately, and imagine my surprise when I saw a C-. Not just a C, but a C-. What competent, sane agent would ever place business with a C- company, regardless of what Demotech has to say?
Subject Posted By Posted On
RE: RE: RE: Non-Admitted? George
May 11, 2009, 12:45 pm
RE: RE: Non-Admitted? Company Gal
May 11, 2009, 12:07 pm
RE: Non-Admitted? George
May 11, 2009, 11:37 am
Non-Admitted? Company Gal
May 11, 2009, 11:18 am
RE: What about non-admitted, Best A rated jake
May 8, 2009, 10:22 am
RE: RE: Domestics Bill
May 8, 2009, 9:55 am
WOWWWWWWWWWWWW Run Like Hell
May 7, 2009, 8:34 pm
What about non-admitted, Best A rated Company Gal
May 7, 2009, 7:11 pm
It just sucks agent
May 7, 2009, 5:50 pm
RE: Domestics Sam
May 7, 2009, 3:31 pm
Democrap Joker
May 7, 2009, 3:29 pm
THIS IS LAUGHABLE IF IT WAS NOT SO SERIOUS! Bill
May 7, 2009, 3:17 pm
Demotech Worried
May 7, 2009, 1:15 pm
Domestics Robert
May 7, 2009, 9:51 am
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