Demotech Assigns Financial Stability Rating® to Colorado Special Districts Property and Liability Pool - Insurance News | InsuranceNewsNet

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October 20, 2017 Newswires
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Demotech Assigns Financial Stability Rating® to Colorado Special Districts Property and Liability Pool

Investment Weekly News

By a News Reporter-Staff News Editor at Investment Weekly News -- Colorado Special Districts Property and Liability Pool has earned a Financial Stability Rating® (FSR) of AAA, Unsurpassed, the highest FSR assignable to public entity insurance pools. Demotech assigns this level of FSR to public entity pools possessing unsurpassed financial stability that has been demonstrated by the liquidity of invested assets, acceptable level of financial leverage, realistic pricing, reasonable loss and loss adjustment expense reserves, high quality reinsurance, a meaningful level of surplus and a strategy to control insurance costs through risk management protocols.

FSRs summarize Demotech's opinion of the financial stability of a public entity pool regardless of general economic conditions or the phase of the underwriting cycle. FSRs are based upon financial data and a review of critical facets of operations.

About Colorado Special Districts Property and Liability Pool

The Colorado Special Districts Property and Liability Pool was formed in 1988 when many districts could not get coverage and/or could not afford the high rates. Unlike traditional insurance companies, the Pool is an organization whose sole purpose is to provide services and insurance coverage to Colorado's special districts. Pool Members purchasing insurance while concurrently investing in a long term strategy to control and reduce future insurance expense.

Since 1988, the Pool has grown to 1,392 members participating in the Property & Liability and Workers' Compensation programs. For more information, visit www.csdpool.com or contact the Pool toll free at 1-800-318-8870.

Keywords for this news article include: Demotech Inc., Investment and Finance.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

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