News from demotech, inc. A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

Latest

Feb 21, 2023, 16:28 ET Demotech Summarizes Major Legislative Reforms Impacting Florida Residential Property

Since 1996, Demotech, Inc. has reviewed and rated insurers focused on Florida's residential property insurance marketplace. We will continue to do so....

Jan 05, 2023, 16:36 ET Demotech Withdraws Financial Stability Ratings® for First Protective Insurance Company and Frontline Insurance Unlimited Company

As of December 31, 2022, Demotech, Inc. has chosen to withdraw the Financial Stability Ratings® (FSRs) previously assigned to First Protective...

Nov 22, 2022, 20:09 ET Demotech - The Rating Agency that Stepped Up

An editorial in a recent Insurance Advocate, authored by Steve Acunto, Editor and Publisher, referenced Demotech, Inc. as the "rating agency that...

Oct 14, 2022, 11:28 ET Status of Demotech's Financial Stability Rating® Reviews of Florida Focused Carriers

As Floridians and first responders have begun to travel the difficult path required of a return to normalcy post-Ian, Demotech, Inc. continues to...

Jul 12, 2022, 17:06 ET Demotech Assigns Its Highest Financial Stability Rating® to Prime Insurance Company

Demotech, Inc., the first to review and rate independent, regional and specialty insurers, has assigned a Financial Stability Rating® (FSR) of A",...

Jul 12, 2022, 16:50 ET Demotech Assigns a Financial Stability Rating® to Connecticut Foundation Solutions Indemnity Company, Inc.

Demotech, Inc., the first to review and rate independent, regional and specialty insurers, has assigned a Financial Stability Rating® (FSR) of A,...

Jul 12, 2022, 16:42 ET Demotech Assigns a Financial Stability Rating® to Prime Property & Casualty Insurance Inc.

Demotech, Inc., the first to review and rate independent, regional and specialty insurers, has assigned a Financial Stability Rating® (FSR) of A,...

Jun 30, 2022, 15:22 ET Status of Demotech's Financial Stability Rating® Reviews of Florida Focused Carriers

Demotech, Inc. was the first to request a special session for the Florida legislature to address the litigation crisis devastating Florida's...

Jun 03, 2022, 08:00 ET Demotech, Inc. Withdraws Financial Stability Rating® Assigned to Southern Fidelity Insurance Company

Southern Fidelity Insurance Company advised its agents that it had suspended new and renewal business for all lines while it attempted to complete...

May 31, 2022, 16:34 ET Two Demotech Financial Stability Ratings® Voluntarily Withdrawn

With the development and implementation of a revised strategic plan, Tower Hill Insurance Group will cease writing business into Tower Hill Preferred ...

May 23, 2022, 16:58 ET Kevin McCarty Rounds Out Demotech Faculty for Special Session Recap

Demotech, Inc., the first to request a special session to address the litigation crisis affecting Florida's residential property insurance...

May 18, 2022, 17:15 ET Demotech Faculty Finalized for Its Special Session Recap - Florida Property Insurance

Demotech, Inc., the first to request a special session to address the litigation crisis affecting Florida's residential property insurance...

May 13, 2022, 08:37 ET Demotech Announces Additional Faculty for Its Wrap-Up on Legislative Special Session on Florida Property Insurance

Demotech, Inc., the first to request a special session to address the litigation crisis affecting Florida's residential property insurance...

May 05, 2022, 17:30 ET Demotech Announces Save the Date for Wrap-Up on Legislative Special Session on Florida Property Insurance

Joe Petrelli and Sharon Romano Petrelli, co-founders, Demotech, the first party to publicly request a special session to address the litigation...

Mar 30, 2022, 15:44 ET Demotech Withdraws Financial Stability Ratings® Assigned to Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance Company

Effective March 29, 2022, Demotech, Inc. withdrew the Financial Stability Ratings® (FSRs) previously assigned to Lighthouse Property Insurance...

Feb 28, 2022, 16:22 ET Current and Past Demotech, Inc. Rated Clients Named as Top Homeowners Insurance Providers in Florida by Home Media

On January 13, 2022, the Home Media reviews team enumerated its choice for the top five homeowners insurance providers in Florida. According to their ...

Jan 11, 2022, 16:02 ET Risk of Material Adverse Deviation … in a "Dire" Property Insurance Marketplace such as Florida

Since 2001, the statement of actuarial opinion regarding the net loss and loss adjustment expense reserves carried in the balance sheet of a Property ...

Dec 14, 2021, 14:59 ET Demotech Assigns Financial Stability Rating® to Hermann Sons Life

Demotech, Inc. is proud to announce that Hermann Sons Life Insurance Company, a fraternal benefit society, has earned a Financial Stability Rating®...

Oct 07, 2021, 11:27 ET Demotech Announces Save the Date for Spring 2022 Joint Conference with IRUA

Joe Petrelli and Sharon Romano Petrelli, co-founders, Demotech, are pleased to issue a Save the Date for a joint Spring Conference with the...

Oct 07, 2021, 11:14 ET Demotech Affirms the Financial Stability Ratings® of Carriers in the FedNat Holding Company

The Financial Stability Ratings® (FSR) of A, Exceptional, assigned to FedNat Insurance Company, Maison Insurance Company, and Monarch National...

Sep 14, 2021, 18:15 ET Demotech Affirms the Financial Stability Ratings® of Four Insurers in United Insurance Holding Corporation

The Financial Stability Ratings® (FSR) of A, Exceptional, assigned to United P&C Insurance Company, Interboro Insurance Company, American Coastal...

Sep 14, 2021, 16:22 ET Demotech Affirms the Financial Stability Ratings® of Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance Company

The Financial Stability Ratings® (FSR) of A, Exceptional, assigned to Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance...

May 19, 2021, 08:45 ET Demotech Affirms the Financial Stability Rating® Assigned to Clearcover Insurance Company, Inc.

The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Clearcover Insurance Company, Inc. has been affirmed by Demotech, Inc. This...

May 13, 2021, 11:59 ET Demotech Founder to Share Thoughts on Insurance Marketplace with Bob Farnam, Boenning

On May 26 at 11 am Eastern, Demotech, Inc.'s President and Co-founder, Joseph L. Petrelli, ACAS, ASA, MAAA (MBA), will discuss InsurTechs, regional...

Apr 29, 2021, 08:36 ET Demotech Assigns Financial Stability Ratings® to the Companies of the Rockingham Mutual Group, Inc.

The companies of the Rockingham Mutual Group, Inc. have been assigned Financial Stability Ratings® (FSRs) by Demotech, Inc. The following companies...