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KBRA: Florida Insurers Got Creative in 2023 but Higher Reinsurance, Storms Coming
Dec 13 2023 // Things are looking up in the buffeted Florida market, but reinsurance rates will continue to rise for the next two years, and a 2024 hurricane season could be busy. It all suggests that property insurers will continue to...
Freddie Mac Accepts KBRA Ratings, Giving Fla. Agents, Mortgagees More Options
Feb 2 2023 // Freddie Mac, one of two mortgage-buying companies that buttress the U.S. home-lending market, has agreed to accept the Kroll Bond Rating Agency as a rating firm for homeowners’ insurance companies. “We have...
Uncertainty Over Whether Frontline’s KBRA Rating Will Be Accepted by Freddie Mac
Jan 24 2023 // Frontline Insurance Co. has sparked confusion and concern from agents and insureds after the carrier last week sent out differing information about its financial rating agency. The potential good news for agents and...
Update: Demotech Drops Frontline But Insurer Gets BBB+ from KBRA
Jan 4 2023 // Frontline Insurance Group, parent to two significant property insurers in Florida, has had its financial rating stability withdrawn by the Demotech rating firm. Frontline corporate leaders were not available to talk about...
Demotech Downgrades Three in Florida; AM Best, KBRA Say They’re Available
Aug 2 2022 // Just two weeks after the Demotech financial rating firm set off a firestorm of controversy by warning that it could soon downgrade as many as 17 Florida property insurers – then promised to hold off – the firm has now...
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