financial stability ratings (FSRs) News

Assignment of Benefits Abuse Tops Florida News for 2017

Florida’s ongoing battle with assignment of benefits (AOB) claims abuse was not a new topic in 2017, but it was certainly one of the hottest ones for Southeast readers. From threats of insurer ratings downgrades caused by the escalation in …

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 …

Demotech Affirms Ratings of Midwest Public Entity Pools

Ohio-based Demotech Inc. recently affirmed the financial stability ratings (FSRs) assigned to six self-funded public entity pools in the Midwest. Demotech reviews and rates more than 415 insurers, writing every line of property/casualty insurance in the US, District of Columbia, …