Tag: FAIA

  • Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers

    Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers

    Florida’s top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after the organization reportedly notified 17 insurers that they are going to soon be downgraded.Demotech President Joe Petrelli said Thursday evening that the Florida insurance commissioner, the state’s chief financial officer and the FAIA had misconstrued […]