National Indemnity Company News

Equitas Appoints Heap as New CEO

The Board of Equitas announced that Jeremy Heap has been appointed to succeed Jane Barker CBE as Chief Executive Officer of the Equitas Group, effective November 1st, 2014. He has “worked for Equitas from its formation in various financial roles, …

Best Affirms GEICO and GEICO Corp. Members Ratings; Outlooks Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), based in Chevy Chase, Maryland, as well as the ICR of “aaa” …

Best Affirms Ratings of National Indemnity, Other Berkshire Hathaway Units

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of National Indemnity Company and its affiliates, and the FSR of ‘A’- (Excellent) and ICR of “a-” of Finial Reinsurance Co., …

Penn.-Based GUARD Insurance Group Gets Ratings Boost From A.M. Best

A.M. Best Co. upgraded ratings of Wilkes-Barre, Penn.-based GUARD Insurance Group and its member subsidiaries, citing favorable business operations as well as the implicit and explicit financial support provided by their new parent company, National Indemnity Company (a wholly owned …