Hurricane Demotech: Forced crisis increases chance of second set of reforms
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Hurricane Demotech: Forced crisis increases chance of second set of reforms

Demotech logo hurricane satellite.jpg

“It’s an execution event,” one source said of last week’s set of letters to 17 Florida insurers from Demotech advising them of a potential downgrade.

But as this publication broke the news of the shock letters, an extraordinary regulatory reaction against the threatened outcome was unleashed, creating significant uncertainty over the path forward.

Tomorrow

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