The recent brouhaha regarding Demotech and its’ Financial Stability Ratings (FSR’s) of as many as 20 Florida insurers has now come full circle…almost. One important question remains unanswered.
Before answering the question, and for those who’ve just joined the discussion, a good summary of these happenings can be found in Kyle Ulrich’s blog. As president of the Florida Association of Insurance Agents (FAIA) he’s got a valuable grassroots statewide perspective. Not coincidentally his blog both begins and ends by asking the still unanswered question: “Is it time for Florida to turn the page on Demotech?” [Read more…] about DEMOTECH-An unanswered question!