A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of St. Louis-based Safety National Group and its members, Safety National Casualty Corporation and Safety First Insurance Company of Chicago. The outlook for the ratings is stable. “The ratings reflect the group’s generally strong operating performance, the capital support received from the parent, Delphi Financial Group, Inc., and solid market presence within the excess workers’ compensation market,” said Best.
Was this article valuable?
Here are more articles you may enjoy.
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review
Hawaii Faces Months of Power Outages After Lala Damages Grid
Car-Seller Copart Among Suitors for Car Insurance Software Firm CCC
Allstate Introduces Large Language Model, ALLIE