Demotech Affirms the Financial Stability Rating® Assigned to Cypress Texas Insurance Company


Columbus, Ohio, August 14, 2019: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Cypress Texas 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 Cypress Texas Insurance Company

Cypress Texas Insurance Company (CTIC), formally Cypress Texas Lloyds was formed in 2003 to provide Texas agents and policyholders with competitively-priced insurance products designed to meet the needs of property owners and business owners alike.  CTIC has continued to provide a high level of service and efficient claims resolutions in response to catastrophic events.  During that same period, Cypress Texas Insurance Company has maintained financial stability through prudent risk management and conservative reinsurance protection practices.  For more information, contact Chuck Lawrence at (904) 371-2595 or clawrence@cypressig.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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