FedNat has ‘big job’ to maintain A-exceptional Demotech rating: Simberg
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FedNat has ‘big job’ to maintain A-exceptional Demotech rating: Simberg

FedNat Insurance logo Fort Lauderdale Florida.jpg

FedNat has a “big job” to do to maintain its A-exceptional rating from Demotech, the insurer’s board and strategic review committee (SRC) chairman Bruce Simberg has said.

This comes in a year which has so far continued the previous year’s string of catastrophe losses, adding to “significant” financial challenges already facing the company at the end of 2020.

Simberg’s

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