Demotech Affirms the Financial Stability Rating® Assigned to First Protective Insurance Company


Columbus, Ohio, October 16, 2017: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to First Protective 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 First Protective Insurance Company

First Protective Insurance Company has over 18 years of  experience servicing coastal communities throughout the Southeast.  The Company’s coverage areas include Florida, North Carolina, South Carolina and Alabama and they are also licensed in Delaware and Maryland.   Frontline Insurance is underwritten by First Protective Insurance Company which has earned the  Demotech “A Exceptional” rating for financial stability.  Located in Lake Mary Florida, First Protective Insurance Company has been a Trusted Choice company for over seven years and was awarded the 2014 FAIA Trusted Choice Company of the year.  For more information visit www.frontlineinsurance.com.

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 www.demotech.com for more information.

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