Demotech Affirms the Financial Stability Rating® Assigned to Tower Hill Preferred Insurance Company


Columbus, Ohio, September 6, 2018: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Tower Hill Preferred 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 Tower Hill Preferred Insurance Company

Tower Hill Preferred Insurance Company is a property and casualty insurer organized under the laws of the State of Florida.  Tower Hill Preferred writes homeowners, condominium owners, renters and Flood insurance coverage exclusively in Florida and is a member of the Tower Hill Insurance Group family of companies.  To locate a Tower Hill independent agent near you, or to learn more about Tower Hill Preferred Insurance Company, please visit www.thig.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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