WGI Rating Affirmed
The “BBpi” FSR on Western General Insurance Co. (WGI) was affirmed by S&P, which cited the company’s erratic operating performance, somewhat offset by strong capital position and adequate liquidity as the basis for the rating. Licensed in seven states, WGI primarily does business in California. It is a surplus lines writer in 11 states,
where it underwrites commercial and private auto coverages.
Popular Today
- Texas Storms Leave 800,000 Without Power While Flights Grounded
- Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B
- Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis
- Popular SC Country Music Venue Shuts Down Due to Liquor Liability Insurance Costs