Weston’s rating withdrawal a further dent to HSCM homeowners’ portfolio
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Weston’s rating withdrawal a further dent to HSCM homeowners’ portfolio

Martha Muir, 
Fiona Robertson
02 August 2022
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Weston Insurance’s fate is unclear after its Demotech rating was withdrawn, becoming the second Florida homeowners’ carrier backed by Hudson Structured Capital Management (HSCM) to face major hurdles this year.

This followed the receivership of Southern Fidelity earlier this year.

In a statement, HSCM co-founder Michael Millette said: “There will be homeowners insurance opportunities in the Southeast, but sharp shifts in reinsurance, rating and regulatory requirements after a stretch of...

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NewsFloridaHudson Structured Capital Management
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