A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Electric Lloyd’s of Texas (Electric Lloyd’s) (Dallas, Texas) and assigned an NR–5 (Not Formally Followed) to the FSR and an “nr” to the ICR.
These rating actions reflect the dissolution of Electric Lloyd’s effective December 31, 2009. All Electric Lloyd’s policies were either non-renewed or underwritten directly by the company’s parent, Electric Insurance Company.
Source: A.M. Best, www.ambest.com/ratings.
Topics Texas Excess Surplus AM Best Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
California Insurance Commissioner Race Has Diverse Field Amid ‘Insurance Crisis’ 
