OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Southern Vanguard Insurance Company (SVIC) (Dallas, TX). The outlook for both ratings is negative. The ratings reflect SVIC’s adequate risk-adjusted capitalization, moderate underwriting leverage, generally favorable operating performance and management’s expertise in providing low value dwelling coverage in Texas. SVIC follows a conservative approach to man
Reported by Business Wire 1 hour ago.
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Southern Vanguard Insurance Company (SVIC) (Dallas, TX). The outlook for both ratings is negative. The ratings reflect SVIC’s adequate risk-adjusted capitalization, moderate underwriting leverage, generally favorable operating performance and management’s expertise in providing low value dwelling coverage in Texas. SVIC follows a conservative approach to man
Reported by Business Wire 1 hour ago.