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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 ...
American Strategic Insurance (ASI) was formed in 1997 and led by CEO and President, John Auer.Its initial offering was Florida homeowners insurance. [1] The company has experienced rapid growth and is now expected to offer coverage nationwide by 2017, establishing its place in the top 15 homeowners insurance providers in the United States. [2]
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14 Florida insurance companies are in liquidation: American Capital Assurance Corporation. Avatar Property and Casualty Insurance Company. FedNat Insurance Company. Florida Specialty Insurance Company
Of the $165 billion in natural disaster–caused damage the U.S. experienced in 2022, $116 billion of it was in Florida. Average annual home insurance premiums are triple the national average ...
As of 2014, the company was reviewing/rating companies that write about 60% of those policies in Florida and were reviewing/rating over 400 insurance carriers nationwide. [7] Demotech issues financial stability ratings for 50 Florida-based insurers.
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