The “AApi” FSR on Halcyon Insurance Co. was affirmed by S&P, which cited the company’s participation in a reinsurance agreement with affiliate, Progressive Casualty Insurance Co., as the basis for the rating. Headquartered in Ohio, and licensed in 31 states and the District of Columbia, Halcyon mainly writes private passenger auto. Three-quarters of the company’s total revenue is derived from Oregon, Nevada, Washington, Ohio and Kentucky.
Was this article valuable?
Here are more articles you may enjoy.
Some College Finals Delayed After Canvas Online Platform Hacked 
Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling 
Maryland Announces $2.5 Billion Settlement Over Baltimore Bridge Collapse 
Hedge Funds Make Their Move as Litigation Finance Assets Slump From This Issue
