Demotech Assigns Financial Stability Rating® of A, Exceptional, to Southwind Risk Retention Group
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COLUMBUS, Ohio, Nov. 21, 2023 ~ Demotech, Inc. has assigned a Financial Stability Rating® of A, Exceptional, to Southwind Risk Retention Group ("Southwind"), a Coverage Specialist in trucking liability insurance. Joseph Petrelli, President and Co-founder of Demotech, noted that the legacy commercial automobile insurance markets have been affected by nuclear verdicts, social inflation and tech-enabled claim instigation. As a risk retention group, Southwind insures its member-owners who have committed to self-governance and risk management to protect themselves from the staggering cost of premiums while passing the savings on to their clients.

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Southwind is exclusively underwritten by MHC Managing General Agency, LLC (MHC MGA). MHC MGA is a specialist in transportation insurance with a focus on bringing programs and solutions to independent owner-operators and small fleets. With an emphasis on delivering fairly-priced products and high-quality coverage, MHC MGA is dedicated to protecting America's transportation professionals.
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