DCR upgraded the claims paying ability ratings of the Vesta Insurance Group (VTA) insurance subsidiaries from “BB+” to “BBB-,” moving the insurance ratings into the secure category. Other ratings that were upgraded include VTA’s senior debt (from “B+” to
“BB-,”), the capital securities (trust preferred) rating of the Vesta Insurance Trust I and VTA’s convertible preferred stock rating (from “B” to “B+”). The rating outlook is positive.
Was this article valuable?
Here are more articles you may enjoy.
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Trump Approves Disaster Requests for at Least 7 States; Others Wait
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies
Wall Street Banks Try Out Anthropic’s Mythos 


