The “Api” FSR on United National Insurance Co. (UNIC) was confirmed by S&P. The rating action was based on the consolidated financial results of UNIC, Hallmark Insurance Co. and Diamond State Insurance Co., which operate under an interaffiliate pooling agreement. Rating factors include extremely strong consolidated capital adequacy and operating performance, partially offset by the group’s erratic premium revenue.
Was this article valuable?
Here are more articles you may enjoy.
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation From This Issue
