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Insurance ratings agency says 9 Florida insurers must improve performance

Insurance ratings agency says 9 Florida insurers must improve performance While all were rated âAâ for âexceptional,â Demotech Inc. said they must take significant steps going forward. Â Â From left: Lee Cathey, Mayor Al Cathey and Charles Smith survey damage in the coastal township of Mexico Beach, which lay devastated after Hurricane Michael made landfall there. [DOUGLAS R. CLIFFORD | Times (2018)] Updated Mar. 17 For the second year in a row, ratings agency Demotech Inc. said several Florida insurers would need to improve their finances to maintain stability going forward. Demotech is a private company that grades most Florida insurers on their financial health. It finished its most recent ratings period this month, affirming all but one âAâ grade, which is considered âexceptional.â The company it did not reaffirm is a commercial insurer that asked for its rating to be withdrawn earlier this year.

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Business Moves

Business Moves Arch, Coalition Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S. and Canada Cyber and Technology Errors & Omissions insurance programs. The capacity will be available through Arch Insurance North America’s carriers. The partnership with Arch will support Coalition, a provider of cyber insurance and security tools to help businesses manage and mitigate cyber risk, as it continues to grow. Over the past year, Coalition has grown to more than $150 million of run-rate gross written premium (GWP) and serves more than 41,000 organizations. Coalition uses an analytics-based approach and in-house cybersecurity services in addressing cyber risk.

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Keysight Technologies Purchases Sanjole

Keysight Technologies Purchases Sanjole
themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.

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Centauri Acquires Gulfstream Renewals

Centauri Acquires Gulfstream Renewals
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