Demotech Affirms the Financial Stability Rating® Assigned to Safe Harbor Insurance Company

Columbus, Ohio, November 17, 2021: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Safe Harbor 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 Safe Harbor Insurance Company

Safe Harbor Insurance Company (Safe Harbor), which commenced operations on June 1, 2006, is an insurance carrier underwriting homeowners’ and mobile home coverages in the State of Florida.  Safe Harbor’s focus is on writing property business where their capacity is valued and they can fill a market need. Safe Harbor maintains a robust reinsurance program to protect the company and ensure their claims paying ability in the event of a storm. Safe Harbor is a member of the Ocean Harbor Insurance Group, which consists of five insurance companies collectively writing  homeowners and auto in more than 20 states across the US.

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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