The “BBpi” financial strength rating on Hemar Insurance Corp. of America was affirmed by S&P. The Hemar’s limited remaining business scope and earnings combined with volatile loss development and premium income were cited as key rating factors.
Was this article valuable?
Here are more articles you may enjoy.
Plymouth Rock Launches ChatGPT for Home Insurance Quotes 
2,900 Required Condo Inspections Were Never Completed, Florida Report Finds 
Taylor Farms, Taco Bell Face Multiple Lawsuits Over Cyclospora Outbreak 
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat From This Issue
