FedNat FSR downgraded by Demotech Farhin Lilywala April 18, 2022 Twitter LinkedIn Show more sharing options Share Close extra sharing options Twitter LinkedIn Copy Link URLCopied! Print Demotech has downgraded Florida insurer FedNat’s financial stability rating (FSR) to ‘S’ (substantial) from ‘A’ (exceptional) on Friday, putting more homeowners at risk for losing coverage. To unlock this article Register for a free 14 day trial Already a subscriber? Login now