Patriot Select Launches Homeowners Insurance Product Backed by “A, Exceptional” Financial Stability Rating

Patriot Select Launches Homeowners Insurance Product Backed by “A, Exceptional” Financial Stability Rating

Patriot Select Launches Homeowners Insurance Product Backed by “A, Exceptional” Financial Stability Rating

ST PETERSBURG, FL. (June 5, 2025) – Patriot Select Property and Casualty Insurance Company is proud to announce the launch of its flagship homeowner’s insurance product, now available through licensed independent agents across Florida. This milestone marks the company’s official entry into the marketplace following its regulatory approval and impending assumption of policies from Citizens Property Insurance Corporation.

“Our team has worked diligently to build a company that delivers both stability and service,” said John W. Rollins, CEO of Patriot Select. “Today, we take the next step in that mission. Floridians can now ask their local agent for a Patriot Select policy—and trust they’re getting coverage grounded in sound underwriting and responsive customer care.”

Patriot Select enters the market with a Financial Stability Rating® (FSR) of A, Exceptional from Demotech, Inc.—a key affirmation of the company’s sound capitalization, disciplined risk management, and long-term viability – as well as approximately $30 million in new capital and sufficient reinsurance to weather multiple hurricanes if severe weather strikes.

The company is led by a veteran team of Florida-based insurance professionals with deep experience in navigating the complexities of the state’s property insurance market. With robust catastrophe reinsurance, strong financials, and a commitment to responsive service, Patriot Select is positioned to provide policyholders with lasting protection—even in the face of severe weather events.

“Our goal is to be a dependable option in a challenging market,” Rollins added. “Patriot Select is here to offer peace of mind—backed by experienced leadership, resilient capital, and a long-term commitment to Florida’s future.”

Homeowners can now ask their local agent for a Patriot Select policy or visit www.patriotselect.com to learn more. Independent agents interested in an appointment can also visit our website to complete an application.

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About Patriot Select Property and Casualty Insurance Company

Patriot Select Property and Casualty Insurance Company is a Florida-based admitted-market insurer dedicated to providing property and casualty insurance solutions tailored to the unique needs of homeowners across the Sunshine State. Led by a team of seasoned industry professionals and guided by principles of integrity, service, and reliability, Patriot Select leverages advanced technology, local partnerships, and disciplined financial management to deliver stability and security. Committed to strengthening Florida’s resilience, Patriot Select works to protect its communities while supporting the state’s continued growth.

For more information about Patriot Select Property and Casualty Insurance Company, visit https://patriotselect.com/.

About Demotech, Inc.

Established in 1985, Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Demotech has served the insurance industry by providing objective and independent Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies, Life & Health insurance companies, and Title underwriters, among others. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac, and HUD, Demotech has been leveling the playing field by offering FSRs to insurers of all sizes. As of July 11, 2022, Demotech is registered with the U.S. Securities and Exchange Commission (SEC) as a nationally recognized statistical rating organization (NRSRO) in the class of ratings for insurance companies. Visit www.demotech.com to learn more.