Florida waits for Demotech action after deadline passes

The Florida homeowners' insurance market is waiting on Demotech
after the deadline for capital-depleted carriers to replenish their
surplus passed yesterday.
While only a handful of companies will be waiting nervously to
find out if they are on the ratings agency's downgrade list,
the rest of the market will also be keenly anticipating updated
guidance from Demotech about changing reinsurance requirements.
As reported yesterday, a number of the Florida insurers
considered vulnerable to the downg