This time of year is a time of change, preservation and protection. It’s a time when ancient cultures all celebrated with symbolic associations that remind us of the impact Mother Nature has over our lives. Presently, while most of the country experiences foliage changes and a gradual drop in temperature, Fall in Florida means reaching the halfway point of hurricane season. As expected, the 2021 hurricane season to date has been busier than usual with 17 named storms, six hurricanes, and three major hurricanes in the books. During this season of change, the one thing constant is that we never know what weather to expect.
Another constant we can count on is our own ability to weather any storm, literal or figurative. During this complex time of insurance and reinsurance changes, People’s Trust Insurance is very proud of maintaining its Financial Stability Rating® (FSR) of “A,” Exceptional, from Demotech, Inc. Demotech is an independent financial analysis firm. FSRs are a leading indicator of the financial stability of Property and Casualty insurers and Title underwriters, and an “A,” according to Demotech, Inc., “is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards to policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.” We hope to continue providing best-in-class services, in addition to our financial security, and we thank you for your partnership and patience while we work towards reopening.
Here’s to hoping both the literal and figurative climates remain calm!
As a reminder, we sent all Agency Partners an email regarding Comparative Rater Tools on 9/20/2021. Please take a moment as soon as you can to review the email and click to select the tool that you use most often.