Standard & Poor’s (S&P) assigned a “BBBpi” FSR to Factory Mutual Insurance Co. and its two wholly owned pool members, Affiliated FM Insurance Co. and Appalachian Insurance Co., reflecting the pool’s dominant niche market position and strong capitalization. Offsetting factors include recent poor underwriting performance as well as volatility in earnings and premium revenues.
Topics Manufacturing
Was this article valuable?
Here are more articles you may enjoy.
Insurance Companies Join Letter to Push TPLF Disclosure in Federal Courts 
NC Roofers Caught in Farm Bureau’s Sting Sentenced to Probation, Restitution 
Baldwin Group to Go Private After $7.7B Investment Deal 
Ford to Recall About 223,500 Vehicles Over Fuel Tank Issues From This Issue
