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A.M. Best Assigns Ratings to Essentia Insurance Company OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has assigned a financial strength rating of A (Excellent) and issuer credit rating of "a+" to ...
Hagerty, Inc. is an American automotive lifestyle [1] and membership company, [2] as well as the world's largest provider of specialty insurance for classic vehicles. [ 3 ] [ 4 ] Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.
The current legal name, "Grinnell Mutual Reinsurance Company," was adopted in 1963. [4] The company adopted the “Grinnell Mutual” and “ Grinnell Re " brands in 2017. In 2014, Grinnell Mutual was one of first six companies investing in the Global Insurance Accelerator, [ 5 ] [ 6 ] the first startup accelerator for insurtech.
AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated the company as a Nationally Recognized Statistical Rating Organization (NRSRO) in the United States.
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In January 2019, AmTrust Financial Services, Inc. entered into a quota share agreement with Swiss Reinsurance America Corp (“Swiss Re”) for 2019 covering U.S. small commercial business totaling approximately $2.9 billion in projected written premiums, with Swiss Re projected to assume approximately $1.05 billion on an inforce, new and ...
Hagerty's net income for the year is expected to rise as much as 163% compared to a year ago, with the company citing new business in its insurance and car marketplace divisions and cost-cutting ...