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Total posts: 58
Have you looked at the Atlas Financial Holdings Group companies? Alano Insurance Co, American Country, American Service Insurance, Gateway Insurance Co. They are a B company, but they seem to be doing all the right things, at least here in the Midwest, and hopefully wilkl become an A company soon. This is for the Auto Liability and General Liability, not Workers Comoensation.
1-30-14
A.M. Best Affirms Ratings of Atlas Financial Holdings, Inc. and Its Subsidiaries
A.M. Best Co. has affirmed the financial strength rating of B (Fair) and issuer credit ratings (ICR) of “bb” of
American Service Insurance Company, Inc., American Country Insurance Company (both domiciled in Elk
Grove Village, IL) and Gateway Insurance Company (St. Louis, MO), collectively referred to as American
Service Pool (ASI Pool). These companies are subsidiaries of Atlas Financial Holdings, Inc. (Atlas)
(Cayman Islands) [NASDAQ: AFH], and operate under an intercompany reinsurance pooling agreement.
Concurrently, A.M. Best has affirmed the ICR of “b-” of Atlas. The outlook for all ratings is stable.
1/31/13
A.M.
Best Removes From Under Review Ratings of Atlas Financial Holdings, Inc. and
Its Subsidiaries
A.M. Best Co. has removed from under review with negative implications and
affirmed the financial strength rating (FSR) of B (Fair) and issuer credit
ratings (ICR) of “bb” of American Service Insurance Company Inc. and American
Country Insurance Company (both domiciled in Elk Grove Village, IL). In addition,
A.M. Best has removed from under review with developing implications and
affirmed the FSR of B (Fair) and ICR of “bb” of the newly acquired Gateway
Insurance Company (Gateway) (St. Louis, MO). All three companies are
subsidiaries of Atlas Financial Holdings, Inc. (Atlas) (Cayman Islands) [TSXV:
AFH]. These companies operate under an intercompany reinsurance pooling
agreement and are collectively referred to as American Service Pool (ASI Pool).
Concurrently, A.M. Best has removed from under review with negative
implications and affirmed the ICR of “b-” and the debt rating of “ccc” of $18
million 4.5% preferred shares of Atlas. At the same time, A.M. Best has
withdrawn the debt rating. The outlook assigned to all the remaining ratings is
stable