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...
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...
Report: More Than 87K Floridians Dropped by Home Insurers Last Quarter December 12, 2018 State records show home insurers have dropped the policies of more than 87,000 Floridians in the third quarter of this...
Florida CFO: $8M Recovered in Q1 Through Insurance Consumer Helpline May 24, 2017 Insurance specialists working to assist Floridians through Florida’s insurance consumer helpline recovered nearly $8.1 million in the first quarter of...
Demotech Suspends Florida Insurer Rating Criteria; Says Downgrades Coming February 7, 2017 By Amy O'Connor Recent Florida Supreme Court decisions and ongoing abuse in Florida’s insurance market have led a ratings company to change the...
Commentary: It is a Catastrophe that No One Listens to the Experts on Florida September 1, 2016 By Joseph L. Petrelli “If you don’t read the newspaper, you are uninformed. If you do read the newspaper, you are misinformed.” Although the...