Demotech Inc. News

Title Insurer Fidelity National to Buy Competitor Stewart for $1.2 Billion

Title insurer Fidelity National Financial Inc. has agreed to acquire Stewart Information Services Corp. for approximately $1.2 billion. The consideration will be $50 per share of common stick, paid 50 percent in cash and 50 percent in FNF common stock. …

Demotech Holds-Off on Affirming ‘A’ Ratings for 16 Florida Insurers

A company that rates many Florida property/casualty insurers believes hurricane losses and assignment of benefits litigation during 2017 could affect some insurers’ financial ratings. Ratings company Demotech says it will wait until it has analyzed year-end financial information, revised business …

Louisiana’s Centauri National Insurance Earns Demotech ‘A’ Rating

Louisiana-based Centauri National Insurance Co. has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity …

Demotech Suspends Florida Insurer Rating Criteria; Says Downgrades Coming

Recent Florida Supreme Court decisions and ongoing abuse in Florida’s insurance market have led a ratings company to change the criteria it uses when rating insurers in the state. The announcement comes as insurers get ready to announce their 2016 …

Insurance Journal and Demotech, Inc. Announce Super Regional P/C Insurer Conference 2017 for C-Suite Professionals

Lake Geneva, WI, December 12, 2016- Insurance Journal and Demotech, Inc. announced their inaugural Super Regional P/C Insurer Conference, held July 16-18 2017 at the Grand Geneva Resort & Spa in Lake Geneva, Wisconsin. The theme of the event is …

Commentary: It is a Catastrophe that No One Listens to the Experts on Florida

“If you don’t read the newspaper, you are uninformed. If you do read the newspaper, you are misinformed.” Although the author is unknown, this comment is often attributed to Mark Twain or Thomas Jefferson. Having spent more than 27 years …

Demotech Assigns Financial Stability Rating of A to Allied Trust

Texas-based Allied Trust Insurance Co. has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity …