Demotech Affirms the Financial Stability Rating® Assigned to Palisades Safety and Insurance Association and its Subsidiaries

Columbus, Ohio, February 2, 2018: Palisades Safety and Insurance Association, and its subsidiaries, have earned Financial Stability Ratings® (FSRs) 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 Palisades Safety and Insurance Association

Palisades Safety and Insurance Association and its subsidiaries market under the brand name, Plymouth Rock Assurance. Insurance in New Jersey is offered by Plymouth Rock Management Company of New Jersey on behalf of Palisades Safety and Insurance Association, Palisades Insurance Company, Palisades Property and Casualty Insurance Company, High Point Preferred Insurance Company, High Point Property and Casualty Insurance Company, High Point Safety and Insurance Company, Teachers Auto Insurance Company of New Jersey, and Twin Lights Insurance Company.

Plymouth Rock’s mission is to give customers the highest level of care and satisfaction. The company has a simple philosophy: the best insurance shouldn’t always be about the best savings – quality insurance and great customer service really do matter. Learn more about Plymouth Rock in NJ and find a better way to do car and home insurance.

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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