Demotech affirms two Florida carriers’ ratings, bringing total to 29
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Demotech affirms two Florida carriers’ ratings, bringing total to 29

Eileen AJ Connelly
04 April 2022
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Demotech logo florida sign.jpg

Demotech has affirmed its ratings on a total of 29 carriers in Florida, leaving about a dozen still waiting for ratings decisions at the same time the state’s insurer of last resort is seeking the highest rate hikes allowable by law amid exponential policy growth.

Demotech president Joseph Petrelli told Inside P&C that InsurTech Kin and Vyrd – the first new carrier to launch in Florida for three years when it launched last year – saw their A, or “Exceptional”, financial security ratings affirmed...

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NewsRatesFlorida
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Eileen AJ Connelly
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