The “BBpi” FSR on Agency Insurance Co. of Maryland Inc., a wholly owned subsidiary of Agency Holding Co. of Maryland Inc., was affirmed by S&P. Rating factors include the company’s high geographic and product-line concentration, and deteriorating underwriting performance. Those factors were somewhat offset by extremely strong capitalization and adequate liquidity.
Was this article valuable?
Here are more articles you may enjoy.
Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says 
Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling 
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ 
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement From This Issue
