The FSR on The Millers Insurance Co. and its related pool member, The Millers Casualty Insurance Co. (TX) was lowered from “BBpi” to “Bpi” by S&P, which cited continued weak net underwriting results, a decline in surplus volatile reserve levels and a marginal S&P capital adequacy ratio as key rating factors. Millers Insurance mainly writes auto and general liability for agriculture-related businesses.
Was this article valuable?
Here are more articles you may enjoy.
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
Travelers: Vendor Issues Over Half of Wedding Insurance Claims in 2025 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
Trump Scraps Ocean Sensors Providing Crucial Data on Climate, Flooding From This Issue
