National Indemnity Affirmed
The “A++” rating of the National Indemnity Insurance Group, a wholly owned subsidiary of Berkshire Hathaway Inc., was affirmed by A.M. Best. The group writes “super cat” coverage, which includes a $1-billion layer for the California Earthquake Authority. The rating action applies to National Indemnity Co. and eight affiliated companies: National Indemnity Co. of the South; National Indemnity Co. of Mid-America; National Fire & Marine Ins. Co.; Columbia Ins. Co.; Wesco-Financial Ins. Co.; National Liability & Fire Ins. Co.; Berkshire Hathaway Life Ins. Co. of Nebraska; and BHG Life Ins. Co.
Popular Today
- Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment
- World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
- Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
- EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix