Demotech Affirms Financial Stability Rating® Assigned to Security Title Guarantee Corporation of Baltimore
Columbus, Ohio, March 15, 2023: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Security Title Guarantee Corporation of Baltimore has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).
About Security Title Guarantee Corporation of Baltimore
Founded in 1952, The Security Title Guarantee Corporation of Baltimore conducts business through more than 500 agents and approved attorneys. Providing residential and commercial Title insurance coverage on properties in the District of Columbia and 14 states throughout the eastern seaboard, Security Title Guarantee’s low level of risk retention, and low loss ratio to high level of reserves makes it the Title insurer of choice for many homeowners and lending institutions. For additional information about Security Title Guarantee and the location of its nearest agent, visit www.esecuritytitle.com.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit www.demotech.com for more information.
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