Demotech assigns FSR of A to Mangrove Property Insurance
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Demotech assigns FSR of A to Mangrove Property Insurance

The new Floridian carrier plans to write homeowners’ insurance in Q1.

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Ratings agency Demotech has given Mangrove Property Insurance a financial stability rating of A, “exceptional”.

The ratings agency assigns A ratings to insurers possessing excellent stability due to a variety of factors, including positive surplus, investment liquidity, financial leverage, realistic...

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