A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Rockhill Insurance Company are unchanged following the announcement that Rockhill has signed a definitive agreement to acquire RTW, Inc. of Bloomington, Minn. Best noted: “Under the proposed transaction, RTW will become a wholly owned subsidiary of Rockhill Holding Company. RTW is the parent holding company of American Compensation Insurance Company and Bloomington Compensation Insurance Company, which together form the RTW Group.”
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 

