A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Rockhill Insurance Company are unchanged following the announcement that Rockhill has signed a definitive agreement to acquire RTW, Inc. of Bloomington, Minn. Best noted: “Under the proposed transaction, RTW will become a wholly owned subsidiary of Rockhill Holding Company. RTW is the parent holding company of American Compensation Insurance Company and Bloomington Compensation Insurance Company, which together form the RTW Group.”
Was this article valuable?
Here are more articles you may enjoy.
Asahi Sales Drop Worsens as Cyber Hack Disruption Lingers
Standard Chartered Settles $2 Billion Iranian Sanction Suit in London
California Again Delays Wildfire Protection Rules for Homes
Thailand’s Record Floods Paralyze Key Hubs for Tech and Car Parts