First Community Insurance Company Earns Financial Stability Rating® of A, Exceptional

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First Community Insurance Company has earned a Financial Stability Rating® (FSR) of A, Exceptional from Demotech, Inc.

First Community Insurance Company has earned a Financial Stability Rating® (FSR) of A, Exceptional from Demotech, Inc. This level of FSR is applicable to insurers possessing exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels.

FSRs summarize Demotech's opinion as to the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs are based upon statutory insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). For more than a decade, FSRs of A or better have been accepted by the major participants in the secondary mortgage market, including Fannie Mae, Freddie Mac and HUD.

First Community Insurance Company is a sister company of Bankers Insurance Company. Bankers Insurance Group is the parent of both insurance companies. First Community Insurance Company's main lines of business include homeowners, dwelling fire, excessive flood, companion flood, business owners policy, commercial package policy and vector insurance. They are licensed solely in Florida and serve the insurance needs of both residents and business owners. The Company's specialty lines include collateral protection and bail bonds. First Community Insurance Company employs experienced professionals with an extensive understanding of the unique insurance challenges faced in Florida, while drawing on the nationwide resources of Bankers Insurance Group.

To coordinate agency appointments, please call (727) 823-4000 x 4900 or e-mail For more information, visit

About Demotech, Inc.

Since 1985, Demotech, Inc., a Columbus, Ohio based financial analysis and actuarial services firm, has been serving the insurance industry, providing a wide range of services including pricing analysis, state filings assistance, Financial Stability Ratings® and support for other required regulatory reporting. Having worked with insurers of all sizes, Demotech possesses broad experience addressing actuarial and financial analysis issues, whether the issue is unique to a particular insurer or faced throughout the industry. Demotech was the first company to have its rating formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD.

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Joseph Petrelli
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