What Verdica's 778 score means for Insurance Producer 52
Insurance Producer 52 in Florida receives a composite score of 778 out of 850, placing it in the "strong" band (740–799). This score reflects a provider that demonstrates solid operational and regulatory standing based on publicly available compliance data. A score in this range indicates the entity meets or exceeds baseline regulatory expectations and shows manageable risk across the dimensions Verdica measures.
For a business owner or consumer evaluating this provider, a score of 778 suggests this is a reasonable choice from a compliance perspective. The provider is not in the highest tier (800–850, "excellent"), but it is clearly above the "acceptable" threshold (670–739). The gap between this score and an excellent rating reflects room for improvement in one or more areas, most notably financial strength. However, the absence of severe regulatory actions and a solid complaints score indicate no major red flags or enforcement history that would warrant caution.
How the sub-scores break down
Financial Strength: 700 — This is the lowest of the three sub-scores and the primary driver keeping the composite score out of the excellent band. A financial strength score of 700 suggests the provider meets minimum capital and reserve requirements set by Florida regulators, but does not rank among the most robust operators. In the insurance industry, financial strength ratings are critical because they indicate an insurer's or producer's ability to meet claims obligations and weather market downturns. A score at this level is adequate but indicates limited financial cushion relative to peer operations or potential volatility.
Complaints: 800 — This strong score reflects a favorable complaint history relative to peers in the same market and business segment. Regulatory complaints filed with the NAIC are tracked and normalized to account for premium volume or business size. A score of 800 indicates that customers and counterparties have lodged complaints at a below-average rate, suggesting the provider handles transactions, disputes, and service issues in a manner that satisfies most stakeholders. This is a meaningful positive signal.
Regulatory Actions: 850 — This is a perfect or near-perfect score, indicating minimal enforcement history or disciplinary actions by Florida regulators. Insurance producers are subject to licensing requirements, appointment rules, and advertising standards; violations can trigger fines, license suspension, or restrictions. A score of 850 means Insurance Producer 52 has either avoided violations entirely or resolved any infractions quickly and completely, demonstrating a commitment to regulatory compliance.
What regulators in FL track for insurance providers
Florida's Department of Financial Services and the National Association of Insurance Commissioners (NAIC) monitor insurance producers through multiple channels. Complaint ratios measure the frequency of formal grievances filed by customers, brokers, or insurers relative to the producer's business volume. Common complaint categories include failure to deliver policies, misrepresentation, unauthorized changes to coverage, failure to remit premiums, and unethical sales practices. Producers with elevated complaint ratios face heightened scrutiny and potential license action.
Financial strength ratings are drawn from audited financial statements and regulatory filings. Regulators assess capital adequacy, liquidity, and reserve sufficiency to ensure a producer can meet its obligations. Producers that fall below minimum thresholds may face capital requirements, restrictions on business growth, or mandatory wind-down.
Regulatory actions tracked by NAIC include license suspensions, revocations, fines, and formal orders. These actions reflect violations of Florida statutes, administrative code, or the producer's own fiduciary duties. The absence of such actions indicates compliance with state law and industry standards.
Bottom line
Insurance Producer 52 is a solid, compliant provider with strong regulatory and complaint performance offset slightly by moderate financial metrics. Before engaging, verify that the provider is appropriately licensed in your state and confirm their specific areas of expertise match your insurance needs. Cross-check their appointment status with major carriers and review any available independent customer feedback.