logo
  Join        Login             Stock Quote

A.M. Best Withdraws Ratings of Fireman's Fund Insurance Company of Louisiana Following Its Merger

Monday, February 11, 2013 4:11 PM


A.M. Best Co. has withdrawn the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Fireman’s Fund Insurance Company of Louisiana (FFIC of LA) (Harahan, LA) following its merger into its affiliate parent company, Fireman’s Fund Insurance Company (FFIC) (Novato, CA). This transaction closed on November 30, 2012, at which time all assets and liabilities of FFIC of LA were merged into FFIC.

The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

(Source: Business Wire )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.