- Financial Stability Rating® Notifications
- Demotech Assigns Financial Stability Rating® to Pulsar Title Insurance Company
Demotech Assigns Financial Stability Rating® to Pulsar Title Insurance Company
Columbus, Ohio, April 10, 2018: Pulsar Title Insurance Company has earned a Financial Stability Rating® (FSR) of S, Substantial, from Demotech, Inc. This level of FSR is assigned to insurers who possess substantial 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).
About Pulsar Title Insurance Company
In 2017, the founders of Pulsar Title Insurance Company, Inc. Pulsar decided to leverage their real estate expertise to form a Title underwriting business. Pulsar’s underwriting staff possesses over 50 years of combined legal experience in the areas of title policy production, defense, and real estate. Pulsar intends to operate as one of the most reputable regional Title insurers incorporated in the State of Louisiana.
Pulsar is an independent Title insurance underwriter licensed by the Louisiana Department of Insurance to issue Title insurance policies in Louisiana. Pulsar is committed to growing with its trusted network of title agents and though it has no plans to add residential direct operations to its portfolio, it may direct-write commercial policies on a case-by-case basis.
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.