Demotech, Inc. has withdrawn the Financial Stability Rating® (FSR) of A, Exceptional, assigned to Southern Title Insurance Corporation. This action was taken subsequent to the review of financial information and conversations with management. The Company has voluntarily suspended issuance of new policies and is focusing on the resolution of defalcations and claims received on previously issued policies.
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Showing posts with label Demotech. Show all posts
Showing posts with label Demotech. Show all posts
Monday, September 19, 2011
Thursday, June 02, 2011
Aurora Pacific Insurance, Inc. Earns Financial Stability Rating® of A, Exceptional, From Demotech, Inc.
COLUMBUS, Ohio, June 2, 2011 /PRNewswire/ -- Aurora Pacific Insurance, Inc. has earned a Financial Stability Rating® of A, Exceptional, from Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
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