The “BBpi” FSR on Western General Insurance Co. (WGI) was affirmed by S&P, which cited the company’s erratic operating performance, somewhat offset by strong capital position and adequate liquidity as the basis for the rating. Licensed in seven states, WGI primarily does business in California. It is a surplus lines writer in 11 states,
where it underwrites commercial and private auto coverages.
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance Earnings Boosted by Global Data Center Demand 
Allstate Introduces Large Language Model, ALLIE 
Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes 
Allstate Q2 Net Income Jumps 56% on Underwriting From This Issue
