Reprieve for some Floridians as Demotech deadline looms

A number of Florida insurers considered vulnerable to
Demotech's downgrade threat earlier this month appear to have
been reprieved, with the agency signalling their ratings will not
be lowered below the crucial A range, The Insurance
Insider can reveal.
According to sources, at least three of the companies that were
on course for surplus at around or below the $25mn threshold at
year-end 2016 have been offered reassurances ahead of today's
key deadline for shoring up balance sheets.
The carriers