Demotech Affirms Financial Stability Rating® Assigned to Atlas National Title Insurance Company
Columbus, Ohio, March 15, 2023: The Financial Stability Rating® (FSR) of S, Substantial, assigned to Atlas National Title Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess substantial 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 Atlas National Title Insurance Company
Atlas Title Company was formed in February of 2019 with the expressed mission of providing California consumers with a “Refinance-centric” settlement service provider. Licensed in California on July 23, 2020, Atlas has been able to attract an Executive Management team that has a combined 150-plus years of Lender / Refinance-specific settlement service experience. As the management team of LSI (a Fidelity National Financial and Lender Processing Services Company), they were able to build the nation’s largest Title Agency. The company’s commitment is to provide consumers with an affordable alternative to traditionally expensive means of obtaining title insurance by leveraging industry-leading technologies and limiting needless infrastructure. Atlas intends to extend its licensing footprint to 35 – 40 states within 24 months of becoming operational in November of 2020. Please visit www.atlastitleco.com for more information.
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. Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.
Visit www.demotech.com for additional information.