A.M. Best Affirms Rating of BCAA Insurance Corporation.OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) of BCAA BCAA Branched Chain Amino Acid BCAA British Columbia Automobile Association BCAA Branched Chained Amino Acids BCAA Boulder County Arts Alliance (Boulder, CO) BCAA British Columbia Assessment Authority Insurance Corporation (British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography ). The rating has been assigned a stable outlook. Subsequently, A.M. Best has withdrawn the financial strength rating and has assigned an NR-4 (Company Request). This action has been taken in response to BCAA's request that the company be withdrawn from the interactive rating process. The initial rating for the company was assigned in 2004 and was based upon excellent capitalization, a strong management team, conservative underwriting practices, sound reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. program and the explicit financial support of its parent, the British Columbia Automobile Association Automobile Association may refer to:
For Best's Ratings Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. , an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com. |
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