Demotech Affirms the Financial Stability Rating® Assigned to Bankers Specialty Insurance Company

Columbus, Ohio, September 4, 2019: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Bankers Specialty 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 Bankers Specialty Insurance Company

Bankers Specialty Insurance Company (BSIC) is a Louisiana domiciled insurance company formed in 2007 and is 100% owned by Bankers Insurance Company (BIC). BSIC owns 100% of First Community Insurance Company (FCIC).  Bankers Insurance Group, Inc. (BIG) is the parent of BIC. BSIC’s main lines of business include homeowners and flood insurance.  Through its experienced professionals,  BSIC has an extensive understanding of the unique Louisiana insurance challenges, while drawing on the nationwide resources of BIG.  To coordinate agency appointments, please call (727) 823-4000 Ext. 4900 or e-mail  For more information, visit

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 for more information.

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