Florida P&C Insurer Weston Heads for Insolvency Following Rating Downgrade

Weston Property & Casualty Company, a Florida-focused property insurance carrier, is now on the verge of insolvency after the regulator initiated delinquency proceedings against it. Weston, the property insurer in which Hudson Structured Capital Management (investing as HSCM Bermuda) has a majority stake, lost its rating earlier this week after Demotech withdrew it and downgraded… Continue reading Florida P&C Insurer Weston Heads for Insolvency Following Rating Downgrade