First Acceptance ratings affirmed
By Geert De Lombaerde Posted on January 30, 2009 at 7:21 pmInsurance ratings group A.M. Best hasn’t changed its opinion on the Nashville-based company (Ticker: FAC), but does note its leaders are doing some good things that have “positively impacted underwriting leverage and overall risk-adjusted capitalization.” Translation: They’re not sticking their neck way out there anymore.
Tags: A.M. Best Co., debt ratings, First Acceptance Corp., property & casualty insurance
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