permanent general News

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of new York-based Sirius America Insurance Company, both with stable outlooks. Sirius America’s ratings “reflect its enhanced risk management strategy, its strategic …

American Family Insurance, based in Madison, Wis., is acquiring Nashville, Tenn.-based PGC Holdings Corp. and its subsidiaries, including non-standard auto insurers Permanent General and The General. The agreement was announced by American Family and Capital Z Partners, majority owner of …