CARE RRG, Inc. Earns Financial Stability Rating® of A, Exceptional, from Demotech, Inc.
COLUMBUS, Ohio, Nov. 7, 2011 /PRNewswire/ -- CARE RRG, Inc. has earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
FSRs summarize Demotech's opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.
About CARE RRG, Inc.
CARE RRG, Inc. was formed in 2004 to offer physicians an affordable, responsive alternative when purchasing medical malpractice coverage. The company has always been dedicated to controlling premiums, fighting frivolous lawsuits and providing aggressive defense where error has occurred. Their products are sold exclusively through a network of experienced agents and brokers across the country, providing them with flexible, cost effective medical malpractice solutions for their client. The doctors that founded the company are involved with all phases of the business and fully appreciate the need for strong physician advocacy, risk management and legal support.
For additional information regarding CARE RRG and its products, visit www.care-ins.com or call (866) 749-2273.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing actuarial consulting and accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of a company. Our rating process provides an objective baseline and insight into the future solvency of a company. As an independent financial analysis firm, Demotech has a proven track record of predicting financial stability in the insurance industry and has been leveling the playing field by offering FSRs to insurers of all sizes.
Visit www.demotech.com for more information.
SOURCE Demotech, Inc.
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