Rating Roundup: Rockhill
A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Rockhill Insurance Company are unchanged following the announcement that Rockhill has signed a definitive agreement to acquire RTW, Inc. of Bloomington, Minn. Best noted: “Under the proposed transaction, RTW will become a wholly owned subsidiary of Rockhill Holding Company. RTW is the parent holding company of American Compensation Insurance Company and Bloomington Compensation Insurance Company, which together form the RTW Group.”