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Showing posts with label Financial Stability Rating. Show all posts
Showing posts with label Financial Stability Rating. Show all posts

Monday, September 19, 2011

Financial Stability Rating® of Southern Title Insurance Corporation Withdrawn

Demotech, Inc. has withdrawn the Financial Stability Rating® (FSR) of A, Exceptional, assigned to Southern Title Insurance Corporation.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.