Southeast News
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A.M. Best Downgrades State Farm Florida; Outlook Negative
Southeast News • June 18, 2009
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to "bb"
from "bbb-" of State Farm Florida Insurance Co.
The rating agency's ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Downgrade | concerned | Jun 19, 2009, 1:30 pm |
| RE: RE: RE: Downgrade - WCFL didn't read the fine print | Arthro | Jun 18, 2009, 3:45 pm |
| Downgrade | "B" rated Underwriter | Jun 18, 2009, 3:21 pm |
| RE: RE: Downgrade - WCFL didn't read the fine print | WCFL Agent | Jun 18, 2009, 2:43 pm |
| RE: RE: Downgrade | WCFL Agent | Jun 18, 2009, 2:20 pm |
| RE: Downgrade - WCFL didn't read the fine print | Arthro | Jun 18, 2009, 2:19 pm |
| RE: Downgrade | Outside Observer | Jun 18, 2009, 2:07 pm |
| RE: Downgrade | John | Jun 18, 2009, 2:06 pm |
| Downgrade | WCFL Agent | Jun 18, 2009, 1:47 pm |
| Downgrade | John | Jun 18, 2009, 11:39 am |
| Back to article | ||
Subject: RE: Downgrade
I'm confussed why aren't more the to companies you are talking about writing in the Coastal areas. I have read that some think the large companies will cherry pick. The problem I have is trying to get coverage I find the new companies are already doing the cherry picking. They have more reasons they won't write a home in the high risk area than anything. So who is telling the truth? The St Pete times showed the rating of the carriers in this area and found most to be D and F. The company my parents left Citizens for is F rated per the St Pete times but the rating co. give them an A? Again where it he truth.
I wonder if a solid B is better than a watered down A, I guess I will have to wait for the next hurricane to get my answer.