The FSR of Reliance Insurance Co. Pennsylvania and its property/casualty subsidiaries was downgraded from “D” to “E” by A.M. Best. The rating action followed an announcement that the company had been placed under regulatory supervision by the Pennsylvania Department of Insurance. The rating action applies to 14 subsidiaries of Reliance.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
IMA Latest to Sue Howden Over Alleged Employee Poaching From This Issue
