The FSR on Virginia Surety Co. Inc. was lowered from “Api” to “BBBpi” by S&P, which cited weakening capitalization and deteriorating profitability as major rating factors. Virginia Surety, licensed throughout the U.S., is a subsidiary of the Aon Corp. In addition, it owns a 22 percent interest in the brokerage firm RBH Europe Inc. and 100 percent of the property/casualty company Virginia Surety Co. Inc. of Buenos Aires.
Topics Virginia
Was this article valuable?
Here are more articles you may enjoy.
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 
Florida Board Drafting Rules That Could Stem Bogus Engineering Reports in Claims 
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds From This Issue
