Guidance on Financial Stability Ratings^® and Catastrophe Reinsurance Program Reporting for Florida Property Insurers

Over the past several years, legislative and statutory changes, turmoil in the global financial markets, a decline in residential real estate values and other economic factors have resulted in an increased focus on the financial stability of Florida’s property insurers. In our efforts to continue to assist financially stable insurers, our on-going, quarterly review process was enhanced to include frequent communication with insurers as well as interested third parties. This increased communication focused on our assignment of an initial Financial Stability Rating^® (FSR) as well as an insurer’s ability to sustain and maintain its FSR going forward.

Click here to download the entire Addendum: Guidance on Financial Stability Ratings^® and Catastrophe Reinsurance Program Reporting for Florida Property Insurers. (Published 12/16/11)

Click here to download the entire Guidance on Financial Stability Ratings^® and Catastrophe Reinsurance Program Reporting for Florida Property Insurers. (Published 3/16/10)