Demotech Announces the 2011 Super Regional Property/Casualty Insurers™
Columbus, Ohio, May 16, 2011: Demotech, Inc. has identified this year’s Super Regional Property/Casualty Insurers™, based upon year-end 2010 annual statement data. These 162 companies are presented in an exclusive Insurance Journal special report which is now available. The 2011 list revealed 13 companies that were classified as Super Regionals last year that were assigned to one of the other ten categories in 2011. This year’s list also presented ten companies newly classified as Super Regionals™ that were classified in another category last year. The ten new 2011 Super Regional™ companies are:
- American Home Assurance Company
- American Strategic Insurance Corporation
- Bay State Insurance Company
- Civil Service Employees Insurance Company
- General Insurance Company of America
- LM Insurance Corporation
- ProAssurance Casualty Company
- Progressive Casualty Insurance Company
- Stonington Insurance Company
- Ullico Casualty Company.
Demotech is the Official Research Partner of Insurance Journal and established the original and objective Company Classification System, including Super Regional Property/Casualty Insurers™, in 2007. Each year since 2007, Demotech has continued the discussion regarding what constitutes a Super Regional™ while identifying this important group of insurers. “Although I have been employed in the insurance industry since 1969, I cannot recollect a time when the needs of consumers, agents and reinsurers were better met by Super Regionals™,” states Joseph Petrelli president of Demotech, “Super Regionals™ serve each of these constituencies effectively while providing a level of financial stability that sets the standard for the industry.”
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of a company. Their rating process provides an objective baseline and insight into the future solvency of a company. As an independent P&C and Title financial analysis firm, Demotech has a proven track record of identifying financial stability in the insurance industry. Demotech has been leveling the playing field by offering FSRs to insurers of all sizes. Visit https://www.demotech.com for more information.