Ratings

Lyndon Property Upgraded

The counterparty credit rating and financial strength rating (FSR) on Lyndon Property Insurance Co. were removed from CreditWatch, where they...

Virginia Surety Lowered

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

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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