A.M. Best Upgrades Rating of West Virginia Farmers Mutual Insurance Association.OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength rating (FSR (Free System Resource) In Windows 3.x, the amount of unused memory in various 64K blocks reserved for managing current applications. Every open window takes some space in this area. See Windows memory limitation. ) to B++ (Good) from B+ (Good) of the West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. Farmers Mutual Insurance Association (West Virginia) (Clarksburg, WV). The rating outlook is stable. This rating action reflects West Virginia's favorable risk-adjusted capitalization, consistent underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. performance and conservative investment portfolio. These positive rating factors are somewhat offset by the company's limited product line and geographic concentration of risk solely in the state of West Virginia. In addition, the rating reflects the financial and operational benefits West Virginia is afforded from its affiliation with Celina Group, which had its FSR upgraded to B++ (Good). (See related press release from January 26, 2007.) 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. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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