Article: A.M. Best Affirms and Assigns Ratings to FPIC Insurance Group, Inc.

OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and assigned issuer credit ratings (ICR) of "bbb+" to FPIC Insurance Group, Inc. (FPIC) and its four pooled members. Concurrently, A.M. Best has assigned an ICR of "bb+" to FPIC Insurance Group, Inc. (FPIC Insurance) (NASDAQ: FPIC) (both of Jacksonville, FL) and affirmed its various indicative debt ratings. All ratings have a stable outlook.

The financial strength rating of FPIC and its subsidiaries reflects supportive risk-adjusted capitalization relative to current rating levels, favorable pretax operating performance in three consecutive years and a strong competitive ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!