The Prime Insurance Syndicate Inc. (Prime) has earned a financial stability rating of “A” (Exceptional) from Demotech Inc. This level of rating indicates that Prime’s balance sheet reflects excellent liquidity, an acceptable level of financial leverage as measured by total liabilities to net worth, and balanced investments. Prime is a wholly owned subsidiary of Prime Holdings Insurance Services Inc. and maintains offices in Salt Lake City and Chicago. Prime Holdings is an insurance holding company with a suite of excess and surplus lines service organizations, offering products for hard-to-place risks, including homeowners, commercial property and casualty, recreation, and commercial auto and garage liability. Incorporated in 1992, Prime operates in all 50 U.S. states.
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