Insurance Journal
Editorial
June 4, 2012
Insurers writing homeowners coverage in Florida could see a revision in their financial ratings after one of the nation’s top rating companies announced it will reconsider them in light of the financial problems faced by the state-back reinsurance facility.
A.M. Best said earlier this year it would reevaluate its treatment of insurers’ reinsurance capacity when the Florida Hurricane Catastrophe Fund indicated it would likely have trouble meeting its statutory obligations….
To read the full story, go to:
http://www.insurancejournal.com/news/southeast/2012/06/04/249840.htm
