At CARE, we believe this designation reinforces our financial stability with the insurance community and underscores our commitment to sound and responsible underwriting practices and claims administration. In a most difficult financial environment, it demonstrates the financial viability of CARE and is a clear signal to hospitals, doctors, brokers and agents that we continue to improve our position as an attractive alternative for medical malpractice coverage.
Since 1985, Demotech, Inc. has provided proactive solutions to insurance industry financial analysis issues. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD, Demotech has been leveling the playing field by providing Financial Stability Ratings® (FSRs) to insurers of all sizes.
FSRs are a leading indicator of an insurer’s financial stability. FSRs are based upon a series of quantitative ratios and considerations which together comprise Demotech's Financial Stability Analysis Model. FSRs are accepted by several government sponsored-enterprises, including Fannie Mae, Freddie Mac and various programs of the United States Department of Housing and Urban Development (HUD), mortgage lenders, as well as a number of umbrella and agents errors and omissions insurance markets. The most current FSRs must be verified by visiting http://www.demotech.com.