Demotech Affirms the Financial Stability Rating® Assigned to American Traditions Insurance Company

Columbus, Ohio, August 19, 2021: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to American Traditions Insurance Company 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). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About American Traditions Insurance Company

Following the destructive hurricane seasons of 2004/2005, a group of insurance professionals saw the lack of private companies devoting themselves to the Florida marketplace and wanted to provide a solution for homeowners.

American Traditions Insurance Company (ATIC) received their Certificate of Authority, and in January 2006 began to write policies for manufactured homes. Specializing in this area allowed us to lead the way in offering reliable coverage to manufactured homeowners at an affordable rate.

Shortly thereafter, ATIC began writing homeowner and condominium unit-owner policies. ATIC grew quickly and in 2007 launched their affiliate company, Modern USA Insurance Company (MUSA). MUSA offers additional capacity for homeowner, manufactured home, and condominium policies to the Florida marketplace. Both companies strive to continually provide service that consumers choose to place their trust in.

MUSA and ATIC are managed by an executive team with a combined 100+ years of experience in the Florida insurance industry.

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 for more information.

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