What Verdica's 778 score means for Insurance Producer 92
Insurance Producer 92 in Florida holds a composite Verdica score of 778 out of 850, placing it in the "strong" band (740–799). This score reflects above-average performance across the dimensions Verdica tracks: financial stability, regulatory complaint history, and enforcement actions. A score in this range indicates the provider meets core compliance thresholds and has not triggered significant red flags in regulator databases. Readers should interpret this as a provider that operates within acceptable risk parameters, though it does not reach the "excellent" threshold (800–850) that would signal top-tier performance. The score is based on NAIC data and does not include independent customer reviews at this time, so it reflects regulatory and financial metrics only.
How the sub-scores break down
Financial Strength: 700 This sub-score of 700 falls into the "acceptable" range and indicates Insurance Producer 92 maintains adequate capital and reserve levels as reported to state regulators. A score at this level suggests the provider has demonstrated capacity to meet claims obligations and operational expenses, though it does not rank among the highest-performing peers. In the insurance industry, financial strength scores are tied to balance sheet metrics, solvency margins, and audited financial filings. A score in this band means the provider poses low acute financial risk but may merit closer monitoring if the score declines.
Complaints: 800 This sub-score of 800 is well into the "excellent" band and reflects a favorable complaint ratio relative to the provider's market footprint. Verdica derives this metric from NAIC databases that track consumer and business complaints filed against licensed insurance producers. A score this high indicates that either complaint volume is low relative to the provider's customer base, or that complaints filed have been resolved satisfactorily or withdrawn. This is one of Insurance Producer 92's strongest dimensions and suggests customers have not escalated disputes to regulators at elevated rates.
Regulatory Actions: 850 This sub-score of 850 is at the top of the scale and indicates minimal or no significant enforcement actions by the Florida Department of Financial Services or other state regulators. Regulatory actions tracked by NAIC databases include license suspensions, consent orders, fines, and disciplinary actions. A perfect or near-perfect score in this category suggests the provider has not incurred major violations or has maintained clean licensing status throughout the observation period.
What regulators in FL track for insurance providers
Florida regulators and the National Association of Insurance Commissioners (NAIC) monitor insurance producers across three primary compliance dimensions. Complaint ratios measure the volume of grievances filed by consumers or businesses, normalized for market size and premium volume. These complaints may involve claims handling delays, misrepresentation, billing errors, or licensing violations. Financial strength ratings are derived from audited annual statements filed with state regulators, examining capital adequacy, reserve sufficiency, and exposure to concentrated risk. Regulatory actions capture formal enforcement—including license denials, suspensions, consent orders, and civil penalties. Regulators use these metrics to identify patterns of misconduct, financial distress, or systemic operational failure. Scores improve when providers resolve complaints promptly, maintain strong financial positions, and operate without disciplinary sanctions. They decline when complaint volumes rise, financial reserves weaken, or regulators initiate enforcement proceedings.
Bottom line
Insurance Producer 92's score of 778 indicates a provider with solid regulatory standing and minimal enforcement risk in Florida. The strong complaint and regulatory action sub-scores are particularly notable, while the acceptable financial strength score warrants routine verification. Readers considering engagement should cross-check current Florida Department of Financial Services licensing status and request recent audited financial statements to confirm stability.