The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised ...
FedNat has "substantial doubt" it can continue as a going concern
Following its recent ratings downgrade, U.S. primary insurance carrier group FedNat has admitted there is subs...
Article / 27 days ago
Future of another Fla. homeowners insurer in jeopardy after ratings downgrade
Demotech confirmed that it downgraded FedNat Holding's financial stability rating to S, Substantial, from A, E...
Article / 1 month ago
FedNat downgraded, posing another threat to Florida's insurance ecosys...
FedNat downgraded, posing another threat to Florida's insurance ecosystem
U.S. primary insurance carrier group, FedNat Holding Company, had its main insurer entity, FedNat Insurance Company, downgraded on Friday, after Demotech...
Article / 1 month ago
Florida homeowners' market falters as more ratings hang in balance
Florida homeowners' market falters as more ratings hang in balance
With options dwindling for a special legislative session and the reinsurance renewal cycle in full swing, carriers and consumers in the Florida homeowners’ market...
Article / 1 month ago
Demotech affirms two Florida carriers’ ratings, bringing total to 29
Demotech affirms two Florida carriers’ ratings, bringing total to 29
Demotech has affirmed its ratings on a total of 29 carriers in Florida, leaving about a dozen still waiting for ratings...
Article / 2 months ago
Demotech affirms 27 Florida carriers as others await fate
Demotech affirms 27 Florida carriers as others await fate
Demotech in the last two days has affirmed the ratings of 27 Florida-focused carriers out of the 42 companies it currently...
Article / 2 months ago
Lighthouse has Demotech ‘A’ rating withdrawn
Lighthouse has Demotech ‘A’ rating withdrawn
Lighthouse Property Insurance and Lighthouse Excalibur Insurance have lost their ‘A’ exceptional ratings from Demotech, as the wider Florida primary...
Article / 2 months ago
Demotech prepared to downgrade up to 20 FL carriers as legislative rel...
Demotech prepared to downgrade up to 20 FL carriers as legislative relief hopes fade
Demotech expects to downgrade 10 to 20 Florida property carriers in the coming weeks as the rating agency's president Joe Petrelli...
Article / 2 months ago
AM Best cites Florida market challenges as it downgrades Florida Farm ...
AM Best cites Florida market challenges as it downgrades Florida Farm Bureau
A decline in surplus, reserve adequacy trending lower, underwriting losses driven by storms and hurricanes, and a generally unsettled Florida P&C...
Article / 2 months ago
Demotech calls for Florida market reform with rating downgrades likely
Demotech calls for Florida market reform with rating downgrades likely
With the focus in Florida's property insurance market shifting towards an impending reinsurance renewal that is anticipated to be particularly...
Article / 2 months ago