PHICO Ins. Co. Lowered
The financial strength rating on PHICO Insurance Co. was lowered from “BBBpi” to “BBpi” by S&P. The company”s weak operating performance, declining surplus and volatile reserve development were listed as key factors in the rating action.
Popular Today
- AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir
- Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina
- North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim
- ‘Door Knocker’ Roofers Were Everywhere. NC Farm Bureau Saw an Opportunity