Demotech Affirms the Financial Stability Rating® Assigned to US Coastal Property & Casualty Insurance Company


Columbus, Ohio, September 8, 2017: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to US Coastal Property & Casualty 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 US Coastal Property & Casualty Insurance Company

US Coastal Property and Casualty Insurance Company (US Coastal P&C) is a specialty underwriter of homeowners, condominium unit owners, manufactured homeowners and dwelling fire insurance in Florida.  US Coastal P&C offers excellent customer service, competitive pricing, and superior claims service as shown in the very successful handling of over 1500 claims from Superstorm Sandy.  Personal lines insurance is the Company’s only business.  US Coastal prides itself in delivering better suited, more fair and flexible coverage, no matter the location of your home.

The Company’s products are proudly marketed and sold through independent agents.  US Coastal P&C believes that the independent agency distribution system is the most professional way to evaluate and meet its customers’ needs.

US Coastal has a distinguished and experienced group of individuals as its directors and officers.  The individuals provide hands on guidance and lend their expertise to ensure this insurance operation continues to be successful in the insurance marketplace.

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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