A.M. Best Co. Affirms A- "Excellent" Financial Strength Rating for All Member Companies of Builders Insurance Group

ATLANTA, June 23, 2014 /PRNewswire/ -- A.M. Best Company, a worldwide insurance-rating and information agency, has affirmed the financial strength rating of A- "Excellent" with a Stable outlook for all member companies of Builders Insurance Group.  A.M. Best's rating is assigned after a comprehensive quantitative and qualitative evaluation of a company's balance sheet strength, operating performance and business profile.

According to A.M. Best, "The ratings reflect the group's strong risk-adjusted capitalization, historically profitable operating performance, generally favorable loss reserve development trends, and established market presence providing workers' compensation and general liability coverage, primarily to the home building industry in Georgia and other states from the Mid-Atlantic through the South and Midwest. Additionally, the ratings reflect management's prudent risk selection process, effective loss control practices and proactive claims management, which contribute to historically strong business retention."

"We are pleased that A.M. Best continues to acknowledge the strong financial foundation of our member companies," said Patrick Mitchell, President and CEO of Builders Insurance Group. "Our Board, staff and agency partners remain committed to serving our policyholder's unique needs with flexible products backed by dedicated customer service."

Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the insurance industry. Policyholders refer to A.M. Best's ratings and analysis as a means of assessing the financial strength and creditworthiness of risk-bearing entities and investment vehicles.

About Builders Insurance Group
More than 16,000 policyholders in residential and light commercial construction as well as variety of non-construction fields rely on Builders Insurance Group to protect their most important assets – people and property.  Over a span of two decades, the Company has evolved into a dynamic, financially secure and dedicated partner with a philosophy of providing outstanding products, backed by exceptional customer service and easy-to-use technology solutions. For more information, please visit our Web site at www.bldrs.com. 

SOURCE Builders Insurance Group

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED