A “Bpi” FSR was assigned to Phoenix Indemnity Insurance Co. by S&P. Included among rating factors was the company’s membership in Millers American Group Inc. as well as Phoenix Indemnity’s weak operating performance, potential interest rate risk and geographic concentration, somewhat offset by extremely strong capitalization. Writing mainly private passenger auto with a specialization in nonstandard auto, Phoenix Indemnity is based in Nebraska, domiciled in Arizona and licensed in 24 states.
Was this article valuable?
Here are more articles you may enjoy.
Toilet Paper Warehouse Fire Investigators Review Viral Video 
Judge Trims Wrongful Death Suit Claims Over Spicy Chip Challenge 
Gallagher Clarifies Non-Ownership of Florida Firm Guilty of Bogus ACA Sign-ups 
Risk Strategies Claims Ex-Employees’ Talent and Customer Raid Has Cost It $900K From This Issue
