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Important Update for Adirondack policyholders

Demotech, Inc., a provider of financial stability ratings of property-casualty insurance companies, has withdrawn its financial stability rating for the Adirondack Insurance Exchange. This could impact you if you have a mortgage with a lender that requires you to carry homeowners insurance with an insurer that has a minimum financial stability rating. If you are impacted, your lender will notify you and we encourage to you to work with your Independent Agent and to evaluate options available to you. Adirondack will mail a letter notifying policyholders of this rating change.