A.M. Best Withdraws Ratings of Electric Lloyd’s of Texas
A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Electric Lloyd’s of Texas (Electric Lloyd’s) (Dallas, Texas) and assigned an NR–5 (Not Formally Followed) to the FSR and an “nr” to the ICR.
These rating actions reflect the dissolution of Electric Lloyd’s effective December 31, 2009. All Electric Lloyd’s policies were either non-renewed or underwritten directly by the company’s parent, Electric Insurance Company.
Source: A.M. Best, www.ambest.com/ratings.
Popular Today
- OpenAI And Microsoft Sued Over Murder-Suicide Blamed on ChatGPT
- Court Says Dunkin’ Cashier, Stabbed by Rapper, Can’t Claim More Than Workers’ Comp
- Trump Administration Waives $16.7M in Fines for American Airlines Over Wheelchair Issues
- Abbott Presses Congress for Shield Over Preemie Baby Formula Litigation That Could Cost It Billions
Popular This Month