San Francisco-based CSE Insurance Group announced that A.M. Best Co. has reaffirmed the company’s financial strength rating of A-.
“The rating and outlook reflect [CSE Insurance’s] excellent capitalization, favorable operating performance and market niche as a writer of personal lines products for civil service employees and affinity groups,” said A.M. Best in a statement. “The group’s positive rating factors are derived from management’s knowledge of its California operating territories, strong business persistency, moderate underwriting leverage, conservative investment risk profile and favorable loss reserve development.”
CSE Insurance Group provides property and casualty insurance for teachers and other educators, firefighters, law enforcement personnel, and other government and civil service employees. Products are sold through independent insurance agents in California, Arizona, Nevada, and Utah.
Source: CSE
Topics AM Best
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
Update: NAIC Says Data Taken in Hack Has Been Published Online 
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants 
