Ratings

Virginia Surety Lowered

The FSR on Virginia Surety Co. Inc. was lowered from “Api” to “BBBpi” by S&P, which cited weakening capitalization and...

Peerless Pool Cos. Upgraded

The FSR on Peerless Insurance Co. and related pool members was raised from “BBpi” to “BBBpi” by S&P. In addition...

AXA Global Risks Upgraded

The financial strength rating (FSR) of AXA Global Risks U.S. Insurance Co., New York, was raised from “B++” to “A-”...

Phoenix Indemnity Assigned ‘Bpi’

A “Bpi” FSR was assigned to Phoenix Indemnity Insurance Co. by S&P. Included among rating factors was the company’s membership...

WGI Rating Affirmed

The “BBpi” FSR on Western General Insurance Co. (WGI) was affirmed by S&P, which cited the company’s erratic operating performance,...

‘BBpi’ for Agency Insurance

The “BBpi” FSR on Agency Insurance Co. of Maryland Inc., a wholly owned subsidiary of Agency Holding Co. of Maryland...

Tower Insurance Co. Upgraded

The FSR on Tower Insurance Co. was raised from “BBpi” to “BBBpi” by S&P, which indicated that the action was...

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