AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of SafePort Insurance Company. Beginning in 2019, SafePort experienced a significant increase in direct premium written attributed to a new homeowners program written in South Carolina and Texas through.
Share this article
Share this article
COLUMBUS, Ohio, March 5, 2021 /PRNewswire/ Given the impact of the extraordinary number of natural disasters that occurred in 2017, Demotech commissioned a special issue of The Demotech Difference to recognize the impact of disasters on the insurance industry and on the nation. Published in 2018, Strength Through the Storm was about promises made and promises kept, including the strength of Demotech-rated carriers that protect communities. If you did not receive a hard copy, an electronic copy can be found at: www.demotech.com/pdfs/demotech difference/flexpaper/Strength Through The Storm/index.html.
Unfortunately for property insurance carriers, particularly those licensed and writing in coastal areas, the natural disasters occurring in calendar years 2018 through 2020 seemed intent on making 2017 look like a walk in the park.
Strength Through the Storms and Through the Years - Demotech Rated Carriers prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.