What Verdica's 769 score means for PERRY & CO
Verdica's composite score of 769 out of 850 places PERRY & CO in the "strong" performance band (740–799). This grade reflects a provider that demonstrates solid operational and financial standing relative to peers in the insurance market. A score in this range indicates that PERRY & CO meets or exceeds baseline compliance expectations across the dimensions Verdica measures: financial stability, complaint management, and regulatory conduct.
For a business owner or consumer evaluating this provider, a 769 score suggests PERRY & CO is not a high-risk option. The provider has passed regulatory thresholds and maintains financial reserves aligned with industry standards. However, the score also indicates room for improvement—it is not in the "excellent" band (800–850), which would signal best-in-class performance. Readers should interpret this as a capable, compliant provider whose track record warrants consideration, though deeper due diligence (such as reviewing specific policy terms, coverage options, and pricing) remains prudent before commitment.
How the sub-scores break down
Financial Strength: 675. This sub-score reflects PERRY & CO's ability to meet policyholder obligations and weather financial stress. A score of 675 places financial strength in the "acceptable" band (670–739), meaning the provider maintains adequate solvency and reserves but does not rank among the highest-capitalized competitors. In insurance, financial strength is critical: a weak score here would signal elevated risk of claim denial or insolvency. At 675, PERRY & CO demonstrates sufficient financial capacity for routine operations, though it is not among the most robust players in the market.
Complaints: 800. This sub-score measures the frequency and nature of policyholder complaints filed with regulators, normalized against the provider's book of business. A score of 800 places complaints in the "excellent" band (800–850), indicating PERRY & CO has maintained a low complaint ratio relative to peers. This is a strong signal that customers experience fewer service breakdowns, claim delays, or unresolved disputes. Regulators track complaints to identify patterns of misconduct; a high score here suggests PERRY & CO is not generating systemic issues that trigger regulatory concern.
Regulatory Actions: 850. This is Verdica's highest sub-score for PERRY & CO and falls in the "excellent" band. This score reflects the provider's licensing status and disciplinary history with state regulators. A score of 850 indicates PERRY & CO has no material licensing violations, penalties, or enforcement actions on record. Regulators in Georgia and elsewhere use licensing frameworks and disciplinary records to police fraud, misrepresentation, market conduct violations, and capital inadequacy; a clean record here is a meaningful compliance indicator.
What regulators in GA track for insurance providers
The National Association of Insurance Commissioners (NAIC) maintains a centralized database of complaint ratios and financial strength ratings that form the backbone of Verdica's methodology. State regulators, including Georgia's Office of Insurance and Safety Fire Commissioner, use these data to monitor provider conduct.
Complaint ratios measure the volume of complaints filed by consumers and tracked by state regulators per a standard denominator (e.g., complaints per 1,000 policies). Infractions tracked include claim handling delays, unjustified claim denials, policy cancellations, billing errors, and misrepresentation. A low ratio suggests fewer customer disputes and better service delivery.
Financial strength ratings are typically derived from insurers' statutory financial filings, which detail asset adequacy, reserve sufficiency, and capital ratios. Regulators require minimum solvency thresholds; providers falling below these triggers face corrective orders or license suspension.
Regulatory actions include license suspensions, fines, consent orders, and denial of license renewal. These reflect serious compliance failures or market conduct violations uncovered through examination or complaint investigation.
Bottom line
PERRY & CO's 769 score reflects a compliant, financially stable provider with a notably strong complaints and regulatory record. Before engaging with this provider, cross-check specific coverage terms, premium rates, and claims procedures against competitors and confirm the provider is licensed and in good standing in your state.