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.
Supreme Court Questions $1 Billion Music Piracy Suit Against Cox
‘Super Roofs’ Are Rewarding Insurers, Cat Bond Investors and Homeowners
Hermès Heir Sues Arnault and LVMH in $16 Billion Suit Over Lost Shares
Heavy Snow Pushes Northeast From NYC, Raising Risk of Traffic and Air Delays