- Financial Stability Rating® Notifications
- Demotech Assigns Financial Stability Rating® to Cimarron Insurance Company, Inc.
Demotech Assigns Financial Stability Rating® to Cimarron Insurance Company, Inc.
Columbus, Ohio, June 22, 2018: Cimarron Insurance Company, Inc. has earned a Financial Stability Rating® (FSR) of A, Exceptional, from 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 Cimarron Insurance Company, Inc.
Cimarron Insurance Company was formed in 1947 and is a broadly licensed property and casualty insurance company. The Company is currently licensed in 27 states. Through independent agents, Cimarron serves small artisan contractors and owner-operator trucking concerns. The Company is expanding their products and the number of states in which they operate. All products are highly automated to enable the insurance agent and policyholders the ability to interact with the Company as efficiently, quickly and thoroughly as possible with the least amount of inconvenience. Cimarron recognizes the privilege to provide insurance products that provide their agents and policyholders the ability to conduct commerce in a manner that betters their lives and the economy of the great country we are blessed to live. Please visit www.cimarronins.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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