The “BBBpi” FSR on American Safety Casualty Insurance Co. was affirmed by S&P. The company’s extremely strong capitalization and five-year average return on revenue were cited as key factors in the rating. Those factors were offset by limited operating scope and volatile premium revenues. American Safety is headquartered in Atlanta, Ga., and domiciled in Delaware. It is licensed in 48 states and the District of Columbia.
Was this article valuable?
Here are more articles you may enjoy.
CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s From This Issue
