Weiss Ratings Reveals:
PALM BEACH GARDENS, Fla., June 17, 2024 — Weiss Ratings, the nation’s only independent insurance company rating agency, revealed today that three large providers of homeowner insurance in Florida
To check their insurers’ current Weiss Safety Rating, reflecting each company’s financial strength, consumers can go to https://weissratings.com/en/insurance.
About Weiss Ratings: Weiss covers 53,000 institutions and investments, including safety ratings on insurers, banks, and credit unions as well as investment ratings on stocks, ETFs, mutual funds and cryptocurrencies. Since its founding in 1971, Weiss Ratings has never accepted any form of payment from rated entities for its ratings. All Weiss ratings are available at https://weissratings.com.
The U.S. Government Accountability Office (GAO) reported that the Weiss ratings of U.S. life and health insurers outperformed those of A.M. Best by 3-to-1 in warning of future financial difficulties, while also greatly outperforming those of Moody's and Standard & Poor's. The New York Times reported that Weiss “was the first to warn of the dangers and say so unambiguously.” Barron's called Weiss Ratings “the leader in identifying vulnerable companies.”
