What's changed at Safe Harbor

Every update we've tracked for Safe Harbor, newest first. Each one links to the full note.

  1. Demotech affirms its A rating

    On September 14, 2026, Demotech affirmed Safe Harbor's rating. It is a Financial Stability Rating of A. Demotech calls that Exceptional. It lists reinsurance use at 40 to 50 percent of premium.

  2. OIR exam finds no significant issues

    OIR's financial exam as of December 31, 2023 reported no significant findings. Surplus was $32.3 million. Premiums earned in 2023 were $74.2 million. Net income was $8.0 million.

  3. 1.5% rate decrease approved, more filed

    OIR approved a 1.5 percent rate decrease for Safe Harbor. The company filed for an additional 11.5 percent decrease. This is per WESH reporting carried by InsuranceNewsNet. Line and effective date not stated.

  4. Gets the OK for a Citizens takeout

    OIR approved Safe Harbor to assume up to 10,592 personal residential policies from Citizens. No Safe Harbor takeouts appear on OIR's list for 2024 through July 2026.

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