Effective March 29, 2022, Demotech, Inc. withdrew the Financial Stability Ratings® (FSRs) previously assigned to Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance Company. According to Joseph Petrelli, President, Demotech, Inc., “Despite a substantial capital contribution in the fourth quarter 2021, the operating loss in 2021, which reflected the evaluation of losses and loss adjustment… Continue reading Demotech Withdraws Financial Stability Ratings® Assigned to Lighthouse Property Insurance
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