Insurance company ratings downgrades delayed, Demotech tells state officials

News Source: Insurance News Net (Florida Sun-Sentinel) Author: Ron Hurtibise Date Published: July 25th   A slew of ratings downgrades for Florida-based insurers won’t be happening Tuesday after all. The CEO of Ohio-based Demotech, who last week sent letters to 27 insurers telling them that their financial strength ratings would be downgraded on July 26, on Monday afternoon sent a…