Articles from Demotech, Inc.

COLUMBUS, Ohio, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Joseph Petrelli, President and Co-founder, Demotech, Inc., addressed The National Association of Insurance Commissioners Northeast Zone Meeting September 2-4, 2026, in New Castle, New Hampshire to present his research on “social inflation” and “nuclear verdicts” adversely impacting the pricing and loss reserving of commercial auto liability insurance. In his address, and as published in the Fall, 2026 issue of The Demotech Difference, Petrelli describes loss costs and litigation trends as the result of a previously covert online business model that he calls “tech-enabled litigation instigation.” As such, railing against “social inflation” and increases in the cost of litigation ignore a critical root cause.

COLUMBUS, Ohio, Oct. 14, 2026 (GLOBE NEWSWIRE) -- The Financial Stability Rating® of AA assigned to the Garden State Municipal Joint Insurance Fund (GSMJIF) has been affirmed by Demotech, Inc. Demotech’s evaluation of the historical operating results and capabilities of the GSMJIF included a review of loss and loss adjustment expense reserves carried on its balance sheet, the liquidity and quality of its investment portfolio, and the risk management protocols performed to mitigate the frequency and severity of incidents, among other aspects evaluated. Similarly, the unique attributes of the GSMJIF attributable to its formation pursuant to N.J.S.A. 40A:10-36 were critical.

COLUMBUS, Ohio, May 21, 2026 (GLOBE NEWSWIRE) -- The favorable impact of the legislative reforms enacted in Florida is now benefiting consumers and making headlines. The reforms of 2022 began at a Special Session in April convened subsequent to Demotech’s open letter, which was released after the spring general session adjourned, without acting on the disparate, disproportionate litigation levels adversely impacting the availability and affordability of insurance in Florida’s residential property insurance market.