SOURCE: Demotech, Inc.

November 25, 2008 13:14 ET

Demotech, Inc. Downgrades The Security Title Guaranty Company of Baltimore

COLUMBUS, OH--(Marketwire - November 25, 2008) - Demotech, Inc. has downgraded the Financial Stability Rating® assigned to The Security Title Guaranty Company of Baltimore. Effective immediately, the Financial Stability Rating® is S, Substantial. This Financial Stability Rating® will be re-evaluated periodically based upon the ability of the Company to raise and infuse additional capital.

Financial Stability Ratings® of Title underwriters and Property and Casualty insurance companies can be viewed at www.demotech.com.

About Demotech, Inc.

Since 1985, Demotech, Inc., a Columbus, Ohio based financial analysis and actuarial services firm, has provided responsive services to address actuarial and financial analysis issues, whether the issues have been for a particular insurer or prevalent throughout the insurance industry. As the first company to have its rating process formally reviewed and accepted by government sponsored enterprises, Demotech has been leveling the playing field by offering Financial Stability Ratings® (FSRs) to large and small insurers.

Visit http://www.demotech.com for more information.

Contact Information

  • Joseph L. Petrelli
    President
    Email: Email Contact

    Barry J. Koestler, II, CFA
    Chief Ratings Officer
    Email: Email Contact

    Tel: (800) 354-7207

    2715 Tuller Parkway
    Dublin, Ohio 43017-2310
    Tel: 614 761-8602 / 800 354-7207
    Fax: 614 761-0906
    www.demotech.com