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Insurance company ratings take into account a number of factors. Besides the finances, the general health and ethics of the company are also considered before rating the insurer. Some other ...
In 2022, news that 27 of Florida’s property insurance companies were potentially facing a financial rating downgrade from Demotech, the state’s primary financial rating firm, created panic in ...
Risk Strategies (officially incorporated as RSC Insurance Brokerage, Inc.) is a private insurance brokerage and risk management advisor. The firm was founded 1997 (27 years ago) in Boston , Massachusetts, by its current chairman, Mike Christian, as a specialty risk management consultancy.
Consumers' Checkbook/Center for the Study of Services (doing business as Consumers’ CHECKBOOK) is an independent, nonprofit consumer organization.It was founded in 1974 [1] in order to provide survey information to consumers about vendors and service providers.
In 2011, the Florida State University College of Business, Risk Management and Insurance compared Demotech FSRs with insurer ratings issued by AM Best plus the Big Three (credit rating agencies). Their independent study reviewed thousands of insurer ratings issued over nine years.
Here's where insurance firms see the most risk for disasters. Rob Wile. January 21, 2025 at 11:44 AM ... Not surprisingly, much of California, as well as hurricane-prone regions in Florida and ...
The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]