What's changed at Loggerhead
Every update we've tracked for Loggerhead, newest first. Each one links to the full note.
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Demotech affirms its A (Exceptional) rating on Sep 17, 2026
Demotech's company page shows Loggerhead's Financial Stability Rating of A. It was affirmed September 17, 2026. The page lists reinsurance use at 50% to 60% of premium.
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KBRA affirms BBB rating, Stable outlook
KBRA affirmed Loggerhead's BBB financial strength rating. It cited capital that improved a lot in 2025 and better loss results. Offsets were surplus note leverage and its Florida focus.
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Loggerhead takes on the Progressive Home book
In September 2023 Progressive Home said it would not renew about 115,000 Florida HO3 and DP3 policies. Loggerhead offered replacements starting with May 2024 effective dates. It expected to take on more than 100,000.
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Loggerhead gets its Florida license and starts up
OIR gave Loggerhead a certificate of authority on September 13, 2022. It covers homeowners multi peril, inland marine, fire and allied lines. It opened that day. A $30 million surplus note of October 14, 2022 funded it.