The FSR of Reliance Insurance Co. Pennsylvania and its property/casualty subsidiaries was downgraded from “D” to “E” by A.M. Best. The rating action followed an announcement that the company had been placed under regulatory supervision by the Pennsylvania Department of Insurance. The rating action applies to 14 subsidiaries of Reliance.
Was this article valuable?
Here are more articles you may enjoy.
NYC to Publicly Identify Buildings Testing Positive for Legionnaires’ Bacteria 
Private Equity Turns to Heat Detectives as Climate Risks Intensify 
Merger Suits Stall Under DOJ Boss Who Opposes Blocking Deals 
Developer Downplays Structural Concerns at ‘Unstable’ Midtown Manhattan Tower From This Issue
