Demotech, Inc. – a regional insurer’s best alternative
Petrelli spoke at the 2008 Benfield Catastrophe Summit held at the Sandpearl Resort in Clearwater, Florida. His presentation focused on the importance of regional and specialty insurance carriers in stabilizing markets, as well as the need to understand the role and realities of these niche insurers. He indicated that international rating agencies under-rate regional carriers. Others who presented included Dr. Robert P. Hartwig, CPCU, President and Chief Economist at the Insurance Information Institute, Florida State Representative Ron Reagan and Jack Nicholson, PhD, CPCU, CLU, Senior Officer, Florida Hurricane Catastrophe Fund.