The “BBpi” FSR on Agency Insurance Co. of Maryland Inc., a wholly owned subsidiary of Agency Holding Co. of Maryland Inc., was affirmed by S&P. Rating factors include the company’s high geographic and product-line concentration, and deteriorating underwriting performance. Those factors were somewhat offset by extremely strong capitalization and adequate liquidity.
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims From This Issue
