What's changed at Ovation Home Insurance Exchange
Every update we've tracked for Ovation Home Insurance Exchange, newest first. Each one links to the full note.
-
On September 14, 2026, Demotech affirmed Ovation's rating. It is a Financial Stability Rating of A. Demotech calls that Exceptional. It lists reinsurance use at 60 to 70 percent of premium.
-
Selling through agents with $50 million backing
Stacey Giulianti is counsel for Windward Risk Managers. Ovation sells through agents at competitive rates, the counsel said. It has about $50 million in backing, too. Newer insurers carry none of the pre 2023 lawsuits.
-
OIR did an exam report on Florida Peninsula. It says the parent set up Ovation Home Insurance Exchange. It is in the holding company. The parent is Florida Peninsula Holdings, LLC. No impact on the insurer was expected.
-
Launch announced, policies from June 2024
Windward Risk Managers said OIR approved Ovation. It is a Florida reciprocal. It is the eighth new property insurer since the 2022 reforms. Policies started June 2024 through existing agents.