Florida Peninsula Insurance receives "A" rating from Demotech

Local Insurance Company rates high on rating by National actuarial
consulting and financial analysis firm

BOCA RATON, FL, June 24 /PRNewswire/ - Florida Peninsula Insurance, a domestic
property and casualty company writing multi-peril homeowners, condo and
renters policies statewide, has been given an "A," Exceptional rating by
Demotech, an actuarial consulting and financial analysis firm, for its
Financial Stability Rating(R) (FSR). According to Demotech, this level of FSR
is assigned to insurers that possess unsurpassed financial stability related
to maintaining positive surplus in regard to liquidity of invested assets, an
acceptable level of financial leverage, reasonable loss and loss adjustment
expense reserves (L&LAE) and realistic pricing.
"At Florida Peninsula Insurance we take great pride in offering our more than
100,000 Florida policyholders fast, fair, and friendly service, a broad
spectrum of high quality coverage and all at reasonable rates. In addition, we
recently introduced a series of convenient coverage packages which are very
competitively priced and offer critical coverage additions", said Roger
Desjadon, CEO of Florida Peninsula Insurance. Homeowners can call their agent
and ask for the FPI Gold or Platinum endorsement to get information on the new
coverage packages from Florida Peninsula.

ABOUT FLORIDA PENINSULA INSURANCE COMPANY:

Founded by a team of veteran insurance professionals, Florida Peninsula
Insurance is one of the top 10 largest companies offering multi-peril
homeowners insurance in the state. The company insures over 100,000 homes in
Florida. Florida Peninsula markets through a network of 2500 independent
insurance agents located throughout the state. Our aim is to combine the
latest technology with old-fashioned courtesy and customer service, providing
efficient, cost-effective, peace-of-mind protection for our policyholders.
Florida Peninsula was first issued a Certificate of Authority to do business
in April 2005 by the Florida Office of Insurance Regulation. For more
information and to get a comparison quote please call (866) 846-3060.

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 Fannie Mae,
Freddie Mac and HUD, Demotech has been leveling the playing field by offering
Financial Stability Ratings(R) (FSRs) to insurers of all sizes. Demotech
applies its broad actuarial and industry experience to its consulting
services, which include pricing analysis and loss and loss adjustment expense
reserve reviews.
Visit www.demotech.com for more information.

SOURCE Boardroom Communications

Boardroom Communications, Don Silver, (954) 370-8999, DonSil@Boardroompr.com