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.
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies 
Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit 
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US 
How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700 From This Issue
