Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on ProAssurance Corp.’s operating companies: Medical Assurance Co., ProNational Insurance Co., and NCRIC Group Inc. (collectively, ProAssurance). S&P also affirmed its ‘BBB-‘ counterparty credit rating on ProAssurance Corp. (PRA). The outlook on all these companies is stable. S&P subsequently withdrew its counterparty credit and financial strength ratings on ProAssurance at the company’s request. The ratings on PRA remain.
Was this article valuable?
Here are more articles you may enjoy.
Reinsurance Rates Continued Softening During April Renewals, Despite Iran War 
A Little Behind Schedule, But Execs Say Sypher Insurance is on Track for May Debut 
Dei Primus Holdings Launches LUCY, a Fully Autonomous Insurance Carrier 
More Insurance M&A Deals on the Horizon? 
