Demotech Reveals Florida Insurer Ratings, Says Market ‘Most Difficult’ in U.S. April 3, 2020 By Amy O'Connor The long-awaited Demotech rating decisions for Florida domestic carriers are in, with many carriers having satisfied necessary steps to avoid...
Demotech Affirms Ratings of 37 Florida Insurers; Still Reviewing Others March 27, 2020 By Amy O'Connor Demotech has affirmed 37 of the 46 Florida-based companies rated by the actuarial firm, as of March 26, according to...
Update: Demotech Evaluating 2019 Results of Florida Carriers, Expects ‘Many’ Downgrades March 4, 2020 By Joseph L. Petrelli Ratings agency Demotech is currently reviewing the 2019 fourth quarter earnings and year-end financials of the Florida insurers it rates...
Florida Carriers Seek Staggering Rate Increases Amid Market Turmoil February 25, 2020 By Amy O'Connor It’s no surprise that Florida carriers are raising homeowners’ insurance rates given several years of catastrophes and losses from litigation...
An Update on Florida Insurer Downgrade Situation: Demotech Commentary January 14, 2020 By Joseph L. Petrelli Demotech began involvement with the Florida homeowners’ insurance market at the State of Florida’s invitation in 1996 and today reviews...
More Than a Dozen Florida Insurers Facing Ratings Downgrades January 9, 2020 By Amy O'Connor The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that...
Demotech: Expect 2018 Catastrophe Losses to Impact Florida-Based Insurers March 12, 2019 By Amy O'Connor After reviewing the year-end financial statements of the Florida-based carriers it rates, Ohio-based ratings agency Demotech is warning that many...
Ratings Agency Ignites Controversy Over Financial Strength of Florida Insurers July 24, 2018 By Amy O'Connor With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back...
Demotech Affirms ‘A’ Ratings of Florida Insurers April 4, 2018 By Amy O'Connor Demotech will not downgrade any of the 16 Florida homeowners insurers that it said earlier this year could face financial...
Demotech Holds-Off on Affirming ‘A’ Ratings for 16 Florida Insurers February 28, 2018 By Amy O'Connor A company that rates many Florida property/casualty insurers believes hurricane losses and assignment of benefits litigation during 2017 could affect...