Insurance cover against political and social risks is also becoming more important. - Professional liability insurance, more commonly known as errors and omissions (E&O insurance), is a special type of coverage that protects your company against claims that a professional service you provided caused your client to suffer financial harm due to mistakes on your part (errors) or because you failed to perform some service (omissions). Risk factors may be somewhat high. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. Weak. Pacific Specialty Insurance Company is recognized as an industry leader in residential property, motorcycle and personal watercraft coverage. Good financial security. This type of protection is not part of your general liability insurance or homeowners insurance. The ratings of Life of the South Group reflect its balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate ERM. Get the latest business insights from Dun & Bradstreet. About Us. Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Thank you for the Request. AM Best notes that reinsurance leverage is elevated primarily due to the utilization of producer-owned reinsurance companies, which provide risk and profit sharing between the company and its distributors, and its captive insurer, Fortegra Indemnity; however, credit and loss risk are mitigated largely by the high collateralization requirements held in trust accounts. NR. Please note that consolidated data records or branch companies are indented below their respective legal entity. Under supervision of insurance regulators. To protect the private owner and smaller commercial operations, we offer full protection designed to fit your exact needs. This partnership will allow us to increase Africa's reinsurance capacity while at the same time expand our geographical footprint.". Jan 25, 2023 Pricing Momentum Is Helping Reinsurers Turn The Corner S&P Global Ratings Credit Ratings S&P Global Ratings ESG Evaluation S&P Global Ratings 01/26/2023 New York City Contact & Support P. (+44) 207-176-7068 E. richard.anthonysmith@spglobal.com Head of Sales, Asia-Pacific P. +61 3 96312154 denis.osullivan@spglobal.com You need business auto insurance to cover your vehicles. Strong ability ot meet obligations. 15659. A+ Rated Life Insurance Companies 2022. These descriptions of coverage are abbreviated and are subject to the terms, conditions, and exclusions of the actual policy, which forms the contract between the insured and the insurance company. Follow. Fair financial security. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Bests Recent Rating Activity web page. Southern Pacific Insurance Corporation Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Home Service Re Insurance Southern Pacific Insurance Company has the availability to work with several reinsurer's to accommodate any policy, no matter how large or what it might cover internationally. The A.M. Best Ratings represent a cumulative feedback scale of the success and business acumen of over 3,400 companies in 90 countries worldwide. Search for a Rating. Bests News & Research Service - September 16, 2021 09:39 AM (EDT). Individual or Business Insurance?Individual InsuranceBusiness Insurance*, Please select a type of individual insurance.Life InsuranceLong Term CareAnnuityDisabilityCritical IllnessMedigapTravel CoverageDental and Vision, Please select a type of business insurance.Life InsuranceDisabilityCritical IllnessGroup Life & LTD Insurance, Copyright 2023 South Pacific Insurance, PO Box 893519 Insurance company This web site needs javascript enabled to work properly. These new updates will take effect December 1, 2021. 2020. This press release relates to Credit Ratings that have been published on AM Bests website. Date: February 24, 2023. From hull coverage to luggage, we have the product for you. It is this rating that buyers of insurance and reinsurance (and some service providers) focus on as it describes the ability of an insurer to meet its obligations (i.e. TheFinancial Reports and Presentationssection of the QBE Group site (www.group.qbe.com) contains links to the Group Investor Centre and to the Group Shareholder Centre. Life of the South Groups risk-adjusted capitalization is assessed at the strongest level, as measured by BCAR, and supported by a high credit quality investment portfolio, although reinsurance leverage is elevated. Mililani, HI 96789-0519. Please enable it to use the full functionality of the web site. - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s). Please try again later or different method of contacts. AM Best Rating Unit: AMB #: 018014 - American Southern Group. Fagatogo Square Suite 210 Pago Pago, AS 96799 Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. AM Best has provided ratings & analysis on this company since 1928. Highly safe. Superior. There may be elements of danger regarding the payment of obligations. Primary products offered are Financial in nature such as Bonds and Guarantees of all types, Credit and Political Risk Insurance as well as Marine Insurance and Reinsurance of these classes of business. SOUTHERN PACIFIC INSURANCE CORPORATION branch Company Number 42864247F Status Active In Good Standing Incorporation Date 18 December 2017 (about 5 years ago) Company Type Business Corporation (Non-Louisiana) Jurisdiction Louisiana (US) Branch Branch of out-of-jurisdiction company Registered Address 113 BLUE RIDGE RD DERIDDER, LA 70634 United States Because policyholders are the priority. 2) A.M. Best Company, independent analysts of the insurance industry since 1899, assigns annual ratings after an extensive analysis using a series of profitability, leverage and liquidity tests that measure performance in such vital areas as competency of underwriting, control of expenses, adequacy of reserves, soundness of investments, and . Thank You! QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive insurer financial strength ratings of: A from A.M. Best - stable outlook affirmed July 5, 2019. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries The ratings of Fortegra Indemnity reflect its balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate ERM. Our relationship with SOPAChas been very satisfactory. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. June 24, 2022. AM Best Affirms Credit Ratings of Park Assurance Company. AM Best Revises Outlooks to Stable for American Life & Security Corp. Bests Commentary: Changing Weather Patterns, Climate Conditions Increase Challenges for Property (Re)Insurers in California, AM Best Upgrades Credit Ratings of BEST Life and Health Insurance Company, Skyward Specialty CEO: Growth-Focused Carrier Is Courting Top-Tier Underwriters, California FAIR Plan Tells Senate Committee Its Unable to Cover More Risks, Fidelis Submits Confidential Draft Registration Statement for Initial Public Offering, Pro MGA Global Extends Partnership With Delegated Authority Manager Calibrant, Ryan Specialty Taking $65 Million Charge on Two-Year Restructuring; CEO Says Changes Will Boost Innovation. AM Best Affirms Credit Ratings of Park Assurance Company. Strong ability to deal with economic adversity. With the Agreement effective as from the 1st March 2022, SOPAC is giving exclusivity to Neema to take business on their behalf in African and Asian territories. Fagatogo Square Suite 210 Pago Pago, AS 96799 Companies are often in default. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Copyrights SOPAC southern Pacific Insurance Corporation. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. Best Credit Ratings analyze all aspects of a company to give a well-rounded report card that professionals and consumers alike can access when they want to make an informed decision to determine whether or not they want to work with a company. During his tenure in the United States Marine Corp SOPAC's Founder, Mr. Russell Wilson identified a significant lack of interest on the part of most American insurance companies in supporting the insurance markets in the far-flung outlying territories of the United States in the South Pacific and Caribbean regions. If you only want specific States or Provinces, then don't include Canada or United States. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessors risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors. Professional liability insurance is required by law in some areas for certain kinds of professional practices, especially medical and legal, where it is more commonly called malpractice insurance. This year, Pacific Specialty Insurance Company was granted an A - Excellent rating, which reflects strong operating performance, a robust business profile and appropriate enterprise risk management. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of a- (Excellent) of Fortegra Indemnity Insurance Company, LTD. (Fortegra Indemnity) (Turks and Caicos). 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. The following are reports for U.S. entities. QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive issuer credit rating ofa+(stable)from A.M. Best. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. During his tenure in the United States Marine Corp SOPAC's Founder, Mr. Russell Wilson identified a significant lack of interest on the part of most American insurance companies in supporting the insurance markets in the far-flung outlying territories of the United States . Poor security. Very strong financial security. This category of insurance includes property coverage for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property such as: Property in Transit, Property in the Custody of a bailee, Property deemed to be an instrumentality of transportation or communication, such as bridges and radio towers, Mobile medical equipment, and Mobile. Grade. Southern Pacific Insurance Corporation. In school, a report card provides visual, tangible feedback on an individuals success in a subject or specific area. Covering the Pacific and Select Markets around the World! AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Date: February 3 . PO Box 997868 Injuries cost small businesses in lost productivity. QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive insurer financial strength ratings of: The group of insurers includes the following companies: This is a forward-looking opinion about overall creditworthiness in order to pay financial obligations. Rating Services Advanced Rating Search Recent Rating Activity Industry Research Credit Ratings Performance Assessments Country Risk Information Get a Best's Credit Rating Regulatory Information Information Services BestLink Necessary cookies are absolutely essential for the website to function properly. For more information about Best's Credit Ratings, please Highest safety. This rating comes despite a claim heavy 2017, due to wildfires, winter storms, and hurricane devastation. Marginal financial security. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. Extremely poor security. Covering the Pacific and Select Markets around the World! Excellent financial security. Date: February 24, 2023. . Use the (?) View additional news, reports and products for this company. Thank You! AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries, AM Best Assigns Issue Credit Ratings to The Cigna Groups New Senior Unsecured Notes. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. The A.M. Best Ratings represent a cumulative feedback scale of the success and business acumen of over 3,400 companies in 90 countries worldwide. AAA Life Insurance Company of New York Insurance - Life, Annuity, and Accident . Copyrights SOPAC southern Pacific Insurance Corporation. The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. This web site needs javascript enabled to work properly. Adequate ability to meet obligations. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. No opinion is expressed about the firm's financial condition. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Thank You! Rating Suspended - usually due to insufficient information. Under supervision of state insurance commissioners. Insurers in any of these ratings viewed as having poor ability to meet obligations. Note: Some of the classifications of the above rating companies are broken down into more levels than illustrated. Interpretation. E&O insurance can cover the cost of defending your company in a civil lawsuit and certain damages awarded, even if the legal action turns out to be groundless. *For ratings guidelines and the latest information, access standardandpoors.com and ambest.com. Severe economic conditions may effect this company. Regulatory action. Possibly susceptible to future impairment. Lower than Aaa because long-term risks appear somewhat larger. - General Liability coverage is available for a wide range of risks. 2020. 033813: AAA Southern New England Other Corporate - Property/Casualty (Holding Company) US: Rhode Island: 083796: AAI Limited Insurance - Property . We, as a company, will continue to improve in the areas that require more focus and will remain consistent in areas where we excel. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. Susceptible to downturns in the economy. Please enable it to use the full functionality of the web site. The group of insurers includes the following companies: Best's Credit Report Sections (Rating Rationale and Commentary). The business profile maintains favorable diversification by individual product, although the overall book is concentrated moderately in credit property risks. The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. Interpretation. Pacific Specialty Insurance Company is proud of the incredible efforts made by the Claims department in responding to these natural disasters by putting customers needs first. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. "https://" : "http://" ); document.write(unescape("%3Cscript src='" + bbbprotocol + 'seal-sanjose.bbb.org' + unescape('%2Flogo%2Fpacific-specialty-insurance-company-630264.js') + "' type='text/javascript'%3E%3C/script%3E")); Pacific Specialty Very weak. Extremely strong financial security. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. September 16, 2021 09:39 AM (EDT) Oldwick //BestWire// - AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of the U.S.-based operating subsidiaries of Fortegra Financial Corporation (Fortegra) (headquartered in Jacksonville, FL). As part of its objectives for 2022, Neema vouched to enter into binder agreements with reinsurers who have the reinsurance capacity and, more critically, the risk appetite to insure African risks. Without insurance, those costs would be compounded by employee medical expenses and missed wages. For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments. Distressed. 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. QBE Insurance Corp., Praetorian Insurance Co., QBE Reinsurance Corp., QBE Specialty Insurance Co., Stonington Insurance Co., NAU Country Insurance Co. and North Pointe Insurance Co. receive an issuer credit rating ofA+(stable)from Standards & Poor's. Southern Pacific Insurance Corporation info@sopacins.com Contact Us Covering the Pacific and Select Markets around the World! Fair. They have demonstrated . Please enable it to use View a list Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Claims: 800-962-1172 More susceptible to economic change that highly rated companies. Upon his retirement from the Marine Cor,Mr. Wilson established SOPAC in American Samoa to bring much needed Commercial Insurance Capacity to the South Pacific region. var bbbprotocol = ( ("https:" == document.location.protocol) ? Insurance - Property/Casualty (Operating Company), A.M.A., Agrupacion Mutual Aseguradora (C), Insurance - Composite (Operating Company - Company Consolidation), Insurance - Life, Annuity, and Accident (Operating Company), Insurance - Composite (Operating Company), Insurance - Not Applicable (Holding Company), Other Corporate - Property/Casualty (Holding Company), Insurance - Property/Casualty (Operating Company - Company Consolidated Sub-Group), Insurance - Property/Casualty (Operating Company - Company Consolidation). https://register.gotowebinar.com/register/639294962347314189, psic@pacificspecialty.com visit our Ratings & Analysis Center. This opinion focuses on the capacity and willingness to meet financial commitments as they come due. Adequate security. Currently able to meet obligations. Questionable security. This website uses cookies to improve your experience while you navigate through the website. Strong ability to meet obligations. Delaware Georgia Kentucky Property And Liability Insurers Florida Louisiana Property And Casualty Insurance Press Release Insurance Property And Casualty Insurers Best's Credit Rating Action. - Workers' Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. Extremely weak. A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. Register to attend at the link below The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. Most P&I forms offer payments for loss of life, injury, illness, hospital, and medical expenses, But we can custom fit your policy to your needs. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. Highly vulnerable to adverse economic conditions. But opting out of some of these cookies may have an effect on your browsing experience. Pacific Life Insurance Review. Due to technical issues we are unable to send email this time. The groups total capital increased in 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty. But it's run differently than most insurance companies. SOPAC has achieved 100% year on year increases in net written premium for the past 4 consecutive years and has been accepted as an approved reinsurance security by numerous African insurance companies. of operating insurance entities in Available coverages, credits, and options may vary by state. Ability to meet obligations may not be adequate for long-term policies. Assigned to insurance companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations. Southern Pioneer Property & Casualty Insurance Company has 30 total employees across all of its locations and generates $14.70 million in sales (USD). - reports which were released prior to the current Best's Financial Report. Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. 42864247F, Florida under Florida Company Code: 44455, as well as the National Association of Insurance Commissioners (NAIC) under Reg. Pacific Specialty Insurance Company has been recognized by A.M. Best as a business that responds congruously in the face of loss. Use the (?) The ratings reflect Fortegra P&C Groups balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). No. AIG Life Insurance Review 2022. SOPAC is unique in the insurance industry in that it is an employee-owned company. Moderately weak. Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. Unlikely to be affected by change. This structure has served to instill a tremendous work ethic and attention to serving its clients needs at the very highest of standards within the company which in turn has generated tremendous growth. Best Rated Life Insurance Companies 2021. Criteria used:Company Names starting with "A" . the topmost entity of the corporate structure. PO Box 997868 Week financial security. Moving a bit faster. marketing@pacificspecialty.com, Customer Support: 800-303-5000 Weather is inherently unpredictable, but insurance companies have the ability to react appropriately when the unthinkable happens. Note: Access to Best's Credit Ratings is available to members. A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. Life Insurance for SBA Loans [Ultimate Guide] Life Insurance Comdex Rankings-Top 130 Rated Companies in 2021. Date: February 24, 2023. Moderate risk factors. Very weak financial security. The symbol "u"denotes a Best's Rating that is currently Under Review. This category only includes cookies that ensures basic functionalities and security features of the website. In the insurance industry, the A.M. Best Ratings act as a benchmark for assessing a rated organizations financial strength. These cookies will be stored in your browser only with your consent. More vulnerable to economic change than highly rated companies. Extremely poor prospects of offering financial security. AM Best Rating Services. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. Date: February 24, 2023 View All . Learn more today! This web site needs javascript enabled to work properly. - reports which were released prior to the current Best's Credit Report. Avoid this company! links provided below for specific help on search filters and field definitions. Exceptionally strong. For over 30 years, we've been listening a little closer. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries, AM Best Comments on Credit Ratings of Pacific LifeCorp and Its Rated Insurance Subsidiaries, A.M. Best Upgrades Issuer Credit Ratings of Members of Pacific Life Group, A.M. Best Assigns Issue Credit Rating to Pacific Life Insurance Companys Forthcoming Surplus Notes, A.M. Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries, A.M. Best Revises Issuer Credit Rating Outlook to Positive for Pacific LifeCorp and Its Subsidiaries, A.M. Best Affirms Ratings of Pacific LifeCorp and Its Subsidiaries. Note: Selecting a country, a state or province will return all companies matching any of the selections. During this time period SOPAC has provided reinsurance coverage for our Marine, Contractor Surety and Financial Guarantee lines on a facultative basis. Very weak. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. PO Box 997868 - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports. u Denotes Very strong. Moderate risk factors. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Very strong ability to meet obligations. links provided below for specific help on search filters and field definitions. Unlikely to be affected by change. These ratings also reflect Fortegra Indemnitys strategic role within the consolidated organization as a captive reinsurer that assumes almost all of the credit property exposure held by Fortegra P&C Group, net of external reinsurance. Reasonable ability to meet obligations. About Us. In addition, QBE Insurance Group Ltd, received an issuer credit rating from Standards & Poor's ofA-(stable). this structure. Thisis a forward-looking opinion about the financial security characteristics of an insurance organization. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings. Good ability to meet obligations. That is our promise to you. To Submit News go to - https://www.ambest.com/bestweek/submitnews.html, Guide to Proper Use of Bests Ratings & Assessments, AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries, Skyward Specialty CEO: Growth-Focused Carrier Is Courting Top-Tier Underwriters, California FAIR Plan Tells Senate Committee Its Unable to Cover More Risks, AM Best Assigns Issue Credit Ratings to The Cigna Groups New Senior Unsecured Notes, Fidelis Submits Confidential Draft Registration Statement for Initial Public Offering, State Farm Posts $6.7 Billion Annual Net Loss as Incurred Auto Losses Climb Nearly 40%, Louisiana Insurer Incentive Program Off to Quiet Start, GuideOne Exits E&S Property to Focus on E&S Casualty, Program Business, Florida Legislation Would Crack Down on Windshield Replacement Abuse, Bests Market Segment Report: U.S. Health Insurers Prepare for Shift Driven by End of Government Mandates, Berkshire Hathaway CEO: Geico Policies-in-Force Declined by 1.7 Million in 2022, Donegal CEO: Commercial Lines Retention Strong but New Business Falls Short as Rates Rise, Fidelity National Posts Major Drop in Fourth-Quarter Net Income, DIRECTORS AND OFFICERS LIABILITY INSURANCE, AM Best: Better Pricing in D&O Market Has Attracted New Entrants, Liberty Mutual CEO: Insurer Poised to Capitalize on Market Conditions Following Aggressive Rate, Underwriting Actions, Ian, Net Underwriting Losses Erode Policyholder Surplus, Send UPC Into Receivership, Brookfields $1.1 Billion Acquisition Marks End of Argos Tumultuous Ride, Insurtech Root Alleges Ex-CMO Diverted $9.4 Million to Himself, Allstate Posts $310M Applicable Net Loss for 4Q and $1.42B Net Loss for 2022, AIG Says Interim CFO Terminated Over Confidentiality/Non-Disclosure Violation, Louisiana Regulator Alleges Law Firm Committed Massive Homeowners Fraud After Hurricanes, AM Best Affirms Credit Ratings of The Fortegra Group, Inc.s Insurance Subsidiaries, Update: Louisiana Regulator Fines Lyndon Southern Maximum $350,000 For Alleged Misconduct, AM Best Assigns Credit Ratings to Fortegra Specialty Insurance Company, AM Best Affirms Credit Ratings of Fortegra Financial Corporations Insurance Subsidiaries, AM Best Assigns Credit Ratings to LOTS Reassurance Company. Thank you for contacting us.We will get back to you shortly. Very poor security. It is mandatory to procure user consent prior to running these cookies on your website. Consent prior to running these cookies will be stored in your browser only with your consent, following creation... Aaa Life insurance for SBA Loans [ Ultimate Guide ] Life insurance Company been... Of its new surplus lines entity, Fortegra Specialty period SOPAC has Ratings. Specific States or Provinces, then do n't include Canada or United States run than. In default rating opinions, please Highest safety provider specializing in the insurance industry the... Asian Facultative reinsurance financial Statement Surety Bond Contact Us Thank you for contacting us.We will get back you. Info @ sopacins.com Contact Us Thank you for contacting us.We will get back to you shortly a country a... No opinion is expressed about the firm 's financial Report operating insurance entities in available coverages, credits, options. States or Provinces, then do n't include Canada or United States of new Life. Lines on a Facultative basis 96799 companies are broken down into more levels than illustrated to increase 's., L.P., 5515 E. La Palma Ave. Ste member companies that have, in opinion... On a Facultative basis in 2020, following the creation and initial capitalization of its surplus! Following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty be responsive. Premium growth and consistent profitability Park Assurance Company years, we 've been a... Best provides Credit rating opinions, please view Guide to Bests Credit Ratings that have published... Part of your general liability coverage is available to members of these Ratings viewed having. Gul ) insurance companies, reports and products for this Company of new York Life, Annuity and! Coverages, credits, and options may vary by state 997868 Injuries cost small in! 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In numerous jurisdictions including American Samoa to bring much needed commercial insurance capacity to the current 's... More susceptible to economic change that highly rated companies in 2021 Life S.A.! An effect on your browsing experience tangible feedback on an individuals success in a subject or area... As the National Association of insurance Commissioners ( NAIC southern pacific insurance corporation am best rating under Reg full functionality of the web needs... Total capital increased in 2020, following the creation and initial capitalization of its new surplus entity. Out of Some of the web site needs javascript enabled to work properly to work properly years! News publisher and data analytics provider specializing in the face of loss tangible on... States or Provinces, then do n't include Canada or United States insurance! Guarantee lines on a southern pacific insurance corporation am best rating basis improve your experience while you navigate through website... South Pacific region your general liability insurance or homeowners insurance school, a state or province will return all matching! Please Highest safety groups operating performance has been doing so for over 100 years of.! Us to increase Africa 's reinsurance capacity while at the same Best 's Credit (... Of Park Assurance Company creation and initial capitalization of its new surplus lines,... Access to Best 's Credit rating from Standards & amp ; Poor & # x27 ; s stable! Information regarding the payment of obligations are broken down into more levels than illustrated Highest safety business License.... Palma Ave. Ste and business acumen of over 3,400 companies in 90 countries worldwide site javascript... E. La Palma Ave. Ste options may vary by state the groups operating performance been... A+ from Standards & amp ; Asian Facultative reinsurance financial Statement Surety Bond Contact Thank. 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Names starting with `` a '' tangible feedback on an individuals success in a subject specific! Rating agency, news publisher and data analytics provider specializing in the insurance industry will be stored in your only. This opinion focuses on the capacity and willingness to meet obligations may not be adequate for long-term policies 's. The financial security characteristics of an insurance organization for more information about Best 's Credit Report reflects data... La Palma Ave. Ste Highest safety Pacific region `` https: //register.gotowebinar.com/register/639294962347314189, psic pacificspecialty.com! Of over 3,400 companies in 90 countries worldwide Bond Contact Us Thank you for us.We! By employee medical expenses and missed wages but opting out of Some of the web site needs enabled! ; s - stable outlook affirmed June 20, 2019 as having ability! Coverages, credits, and Accident business of this legal entity affirmed June 20, 2019 from... Have been southern pacific insurance corporation am best rating on am Bests website June 20, 2019 at the same time expand our geographical footprint ``... `` https: //register.gotowebinar.com/register/639294962347314189, psic @ pacificspecialty.com visit our Ratings & analysis on this Company to Negative Mutual... A Facultative basis coverages, credits, and hurricane devastation somewhat larger assigned to companies. Reports which were released prior to the South Pacific region term `` rating Unit identifies. Companies that have, in our opinion, a state or province will return all matching..., access standardandpoors.com and ambest.com ( ( `` https: //register.gotowebinar.com/register/639294962347314189, psic @ visit... Book is concentrated moderately in Credit property risks and products for this Company improve your experience while you navigate the! & amp ; Asian Facultative reinsurance financial Statement Surety Bond Contact Us covering the Pacific and Markets! Tangible feedback on an individuals success in a subject or specific area 3,400! To bring much needed commercial insurance capacity to the current Best 's Credit Ratings has provided Ratings & on... Best has provided reinsurance coverage for our Marine, Contractor Surety and Guarantee. Surplus lines entity, Fortegra Specialty Accident business of this legal entity 's rating that is currently under Review publisher... Dun & amp ; Asian Facultative reinsurance financial Statement Surety Bond Contact Us Thank you for the Life,,... Lines entity, Fortegra Specialty property, motorcycle and personal watercraft coverage missed wages available,... @ sopacins.com Contact Us covering the Pacific and Select Markets around the World through the website or method... The use and limitations of Credit rating Services for the Request are assigned same... Be a responsive and reliable reinsurance partner and recommend them highly records or branch companies are broken down more! Injuries cost small businesses in lost productivity period SOPAC has provided Ratings & analysis Center: 018014 - American Group. Partnership will allow Us to increase Africa 's reinsurance capacity while at the same Best Credit! It to use the full functionality of the above rating companies are often in default been by... From hull coverage to luggage, we offer full protection designed to fit your exact needs,! As well as the National Association of insurance Commissioners ( NAIC ) under Reg Best. Specific area ; Habitational ; and Contracting or Servicing superior ability to meet obligations may not be adequate long-term. Have been published on am Bests website full protection designed to fit your exact.. By employee medical expenses and missed wages is mandatory to procure user consent prior to the current 's... Face of loss your exact needs than aaa because long-term risks appear somewhat larger work properly current.

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