Navigators’ ‘A’ Ratings Reaffirmed
The Navigators Group, Inc. announced that both A.M. Best Company and Standard & Poor’s Ratings Services have reaffirmed their ‘A’ ratings for Navigators Insurance Company and NIC Insurance Company.
In reports released in June 2003, both Best and S&P reaffirmed ‘A’ ratings for the Navigators’ subsidiaries. Commenting on the reports, Stanley Galanski, president and CEO, stated, “At a time when the importance of financial strength is paramount in the minds of insurance buyers, we are pleased to maintain ratings that reflect Navigators’ conservative balance sheet and consistently strong operating performance.”
The Navigators Group, Inc. is an international insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd’s of London.
- Portugal Rolls Out $2.9 Billion Aid as Deadly Flooding Spreads
- Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud
- FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings
- IIHS Rolled out A New Whiplash Prevention Test
- Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
- What The Return of California’s ‘Death Discount’ Means for Litigation
- Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo
- Nationwide Spending $100M on AI to Beef up Claims Efficiency, Customer Experience