A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Electric Lloyd’s of Texas (Electric Lloyd’s) (Dallas, Texas) and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.
Microsoft Races to Fix Outlook in One of Its Longest Outages 
Erie CEO NeCastro Steps Down Early; Bolash Named Interim Leader 
Allstate’s AI Ecosystem to Include a Personal Agentic Assistant for Customers 
Ivans: US Commercial Renewal Rate Increases Slowed in October 
