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.
Experian Launches Insurance Marketplace App on ChatGPT 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions From This Issue
