Lighthouse has Demotech ‘A’ rating withdrawn
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Lighthouse has Demotech ‘A’ rating withdrawn

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Lighthouse Property Insurance and Lighthouse Excalibur Insurance have lost their ‘A’ exceptional ratings from Demotech, as the wider Florida primary market confronts persistent high levels of litigation, loss inflation and rising reinsurance costs.

The ratings were withdrawn after the reports for the full-year 2021 fell short of requirements to maintain them, Joseph Petrelli, president at Demotech said.

"Despite

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