2014 Near National Property/Casualty Carriers Identified
By: Barry Koestler
The original criteria and objective definition for the Near Nationals was established in the February 12, 2007 issue of Insurance Journal. The Demotech Company Classification System categorizes insurers into one of eleven categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners.
The eleven categories that comprise our classification system are National, Near National, Super Regional, Regional, State Specialist, Coverage Specialist, Strategic Subsidiary, Risk Retention Group, Surplus Lines Carrier, Reinsurer and companies with less than $1 million in direct premium written.