Effective May 21, 2009 A.M. Best has upgraded the Financial Strength Rating of the IFG Companies and its members to A (Excellent) from A- (Excellent). The outlook remains stable.
IFG Member Companies include:
- First Financial Insurance Company
- The Burlington Insurance Company
- Guilford Insurance Company
- Alamance Insurance Company
“The rating actions reflect IFG’s strengthened capitalization, profitable underwriting results and conservative investment practices. The rating action also considers the company’s well-established agency and broker relationships, its strong underwriting expertise in the surplus lines market and its effective use of technology to source, underwrite and monitor its underwriting exposure.” (A.M. Best Co. Press Release date May 21, 2009)
For the latest rating information, please access www.ambest.com.