We are very happy to announce that we have fully placed our 2022-2023 catastrophe excess-of-loss reinsurance program. We were able to place it ahead of schedule and with coverage exceeding the state’s and Demotech’s requirements. This, along with other positive measures, has allowed us to maintain our Demotech Financial Stability Rating of A, Exceptional.
Even better news – once our new rate filing is approved, we will be open to binding new business, which should be within the next 30 days!
Click for additional comments made by Tom Gallagher from our press release.