Financial Stability Rating® of A’ (A Prime), Unsurpassed, Assigned to Westcor Land Title Insurance Company Affirmed by Demotech, Inc.Friday, September 28th, 2012
Columbus, Ohio, September 13, 2012: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to Westcor Land Title Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed 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).
About Westcor Land Title Insurance Company
Westcor Land Title Insurance Company (WLTC) is a national Title insurance underwriter dedicated to the support and development of Strategic Regional Agents. WLTC’s only purpose is to insure the continued autonomy and success of their family of independent Title agents. WLTC continues to expand nationally as agents across the country join their family, recognizing their commitment to their unique value in local markets and communities. Coast-to-coast, their agents and industry partners recognize WLTC as a source of local market experience and expertise. WLTC’s team of seasoned Title professionals is recognized as industry leaders in providing value-added solutions. Visit www.wltic.com for more information.
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 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.
View the Original Article Here: http://news.demotech.com/fsr_notifications/fsr_notification_50050/
Visit www.demotech.com for more information.