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 Posted: Tue Sep 18, 2007 3:48 pm Post subject: Seminole Casualty Insurance Company - Financial Ratings |
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| Current Financial information on seminole casualty insurance company |
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Insurman
New member
Joined: 18 Sep 2007
Posts: 1
1.54 Dollars($)
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| Posted: Wed Sep 19, 2007 6:54 am Post subject: About Seminole |
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The financial stability of an insurance company depends on many factors. The claim processing costs and claim payments reserve can affect the pre-tax income and thus the profitability of the P&C insurance firms. Therefore, it is an important determinant of the company's financial stability. If the company fails to furnish a satisfactory figure before the statutory body it will be then assigned with the status of below the standard performer. In this parameter the Seminole Casualty Insurance Company is awarded with the rank ‘above-average'. So, you can guess………. 
Company's capacity to meet its short-term requirements is another pivotal factor. The company needs to demonstrate strong possession of liquid assets to protect the interests of its customers. The measurement of the liquid assets of the company is called the ‘quick ratio'. Higher the ratio, stronger is the company's financial base. The available data shows that Seminole has demonstrated its ability in this field too.
So, taking into account the above data we certainly have reasons to believe that seminole casualty insurance is a worthy name.
Regards, Juanita |
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Juanita
Moderator
Joined: 04 May 2007
Posts: 735
Location: Idaho
137.01 Dollars($)
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| Posted: Wed Sep 19, 2007 7:08 am Post subject: |
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Well I don't have the access to the financial data cabinet of the company but it seems that seminole casualty insurance is a trusted name in Florida. Rest you need to find out yourself.
InsAmi
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InsAmi
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| Posted: Wed Sep 19, 2007 7:22 am Post subject: |
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Hi Insurman, welcome to the forums.
Do not depend on what other's say but use your own method of research in knowing about the company. Which have worked for me might not work equally well with you. But there seems to be enough reasons to believe that seminole casualty insurance is doing fine. At least, the company literature says that the company is doing fairly well and is also expanding its business to different states.
Thanks,
Fatman |
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fatman
Moderator
Joined: 04 Oct 2005
Posts: 578
104.45 Dollars($)
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| Posted: Tue Oct 13, 2009 9:12 pm Post subject: |
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Seminole Insurance Company of Florida is a known customer fraud company. Insurance policies are not what policy holders believe they are paying for. A number of policy holders have been left without full coverage they were paying for. Please check the internet for proven fraudulent activities.
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Insurance Victim
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| Posted: Wed Oct 14, 2009 9:38 am Post subject: |
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| Quote: | | Seminole Insurance Company of Florida is a known customer fraud company. |
It would have been great if you could share some of the instances with us. Otherwise we won't ever know about the nature of fraud that's being committed.
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anonymous00
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