The FSR on The Millers Insurance Co. and its related pool member, The Millers Casualty Insurance Co. (TX) was lowered from “BBpi” to “Bpi” by S&P, which cited continued weak net underwriting results, a decline in surplus volatile reserve levels and a marginal S&P capital adequacy ratio as key rating factors. Millers Insurance mainly writes auto and general liability for agriculture-related businesses.
Was this article valuable?
Here are more articles you may enjoy.
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Study Finds ‘Alarming’ High Flood Risk for 17M Americans on Atlantic, Gulf Coasts 
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme From This Issue
