TBIC Earns Rating of A

August 25, 2005

Texas Builders Insurance Company has earned a Financial Stability Rating (FSR) of A, Exceptional from Demotech Inc.

This level of Financial Stability Rating is applicable to insurers possessing exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels. Texas Builders Insurance Company is a subsidiary of TBIC Holding Corporation.

Texas Builders Insurance Company is domiciled in Texas and operates as an admitted carrier writing workers’ compensation insurance. Texas Builders Insurance Company is actively seeking qualified independent agents including those located in rural areas and smaller towns. The company does not have a per-policy minimum premium. Texas Builders Insurance Company specializes in artisan contractors and has both direct bill and agency bill options.

The company has an on-line rating package for the artisan contractor program, which allows for policy quotes and on-line submission if underwriting criteria is met.

For more information, visit www.tbic.com.

Topics Carriers Texas

Was this article valuable?

Here are more articles you may enjoy.