HCI’s Condo Owners Reciprocal Exchange gets ‘A’ rating from Demotech

Share!

Reinsurance News - Jan 04, 2024

HCI-sponsored reciprocal insurer, Condo Owners Reciprocal Exchange (CORE), has secured a Financial Stability Rating of ‘A’, Exceptional, from Demotech. Paresh Patel, HCI’s chairman and CEO, commented, “HCI has had a positive long-term relationship with Demotech that extends back over 15 years when D...

Read Full Article

Recommended Articles

AM Best expects US P&C insurance underwriting profitability to persist in 2025

Posted: Oct 10, 2025

According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is se...

US P&C insurance underwriting profitability to persist in 2025: Triple-I and Milliman

Posted: Oct 10, 2025

According to analysis from the Insurance Information Institute (Triple-I) and Milliman, the US prope...

The Fidelis Partnership promotes Sinéad Cunningham to Head of Space

Posted: Oct 10, 2025

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced t...