A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Rockhill Insurance Company are unchanged following the announcement that Rockhill has signed a definitive agreement to acquire RTW, Inc. of Bloomington, Minn. Best noted: “Under the proposed transaction, RTW will become a wholly owned subsidiary of Rockhill Holding Company. RTW is the parent holding company of American Compensation Insurance Company and Bloomington Compensation Insurance Company, which together form the RTW Group.”
Was this article valuable?
Here are more articles you may enjoy.
BofA to Pay $72.5 Million to Settle Epstein Victim Lawsuit
Swiss Re Says Wildfires, Storms, Floods Account for 92% of Global Insured Losses
Iran Charges Some Ships Hormuz Transit Fees for Safe Passage
Bessent Says Hormuz Ships Insurance Program to Start Soon