Healthcare Underwriters Group of FL Earns Financial Stability Rating® of A' (A Prime), Unsurpassed, From Demotech, Inc.

COLUMBUS, Ohio, Jan. 4, 2012 /PRNewswire/ -- Healthcare Underwriters Group of FL has earned a Financial Stability Rating® (FSR) of A' (A Prime), Unsurpassed, from Demotech, Inc.  This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech's opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Healthcare Underwriters Group of FL

Healthcare Underwriters Group of Florida (HUFL) is a non-profit, non-assessable insurance reciprocal owned exclusively by its insureds, all Florida doctors.  HUFL provides unparalleled value to its insured doctors/owners by paying cash dividends, spending three times the amount of money defending its doctors as it has settling cases and by providing exceptional customer service.  HUFL is one of the most financially stable companies in the industry, which is evidenced by its strong financial ratios.  The Company's philosophy and vision have remained unchanged - insure the right doctors at the right price, aggressively defend its physicians' reputations and return excess premiums to its doctors.  HUFL was founded on the principals of conservative management, aggressive claims defense, comprehensive underwriting, an extensive sales pipeline, focused sales outreach and the combination of doctor ownership/governance with a highly experienced management team.  These principals coupled with its physicians continuing to practice excellent medicine have enabled HUFL to pay its fourth consecutive annual dividend, now totaling $3,150,000 to its Florida physician policyholders.  It doesn't stop there; the Company's experience is continuing to look good for possible future dividend payments to its Florida doctors/owners.  For more information, call (866) 484-5715 or visit www.HUgroupFL.com.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm located in Columbus, Ohio.  Since 1985, Demotech has been serving the insurance industry by providing actuarial consulting and accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters.  

Visit www.demotech.com for more information.

SOURCE Demotech, Inc.