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.
Florida Condo Manager, Contractor Charged in Alleged $186,000 Kickback Scheme 
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud 
California Governor Signs Act to Create Smoke Damage Presumption 
AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance From This Issue
