Delphi Financial Group News

Safety National Receives Ratings Upgrades

Excess workers’ compensation carrier, Safety National Casualty Corp., announced that three major insurance rating agencies have increased the company’s ratings. While Safety National’s A.M. Best financial strength rating remains “A”, the agency has upgraded Safety National’s issuer credit rating from …

Tokio Marine Buyout of Insurer Delphi Allowed to Proceed

A Delaware court on Tuesday denied a request to block the $2.7 billion sale of insurer Delphi Financial Group to Tokio Marine Holdings Inc., brought by pension-fund investors who claim that Delphi’s CEO was unjustly enriched by the deal. The …