FARMINGTON HILLS, Mich., Feb. 18, 2014 /PRNewswire/ -- A.M. Best Company has reaffirmed Amerisure Companies' "A" (Excellent) financial strength rating for the 15th consecutive year. The A.M. Best rating is a nationally recognized, independent third-party opinion, based on a comprehensive evaluation of a company's balance sheet strength, operating performance and business profile.
"The reaffirmation of our 'A' rating from A.M. Best is a direct reflection of our ability to execute the fundamentals of our business by offering competitive products and exceptional service to our customers," said Richard F. Russell, President and CEO. "The strength and stability of our balance sheet is a clear indication that our strategic and operational initiatives, combined with our Partners for Success® program, continues leading the Company toward profitable growth."
According to A.M. Best, "The ratings reflect the group's strong risk-adjusted capitalization, historical operating profitability and prudent reserving practices." Amerisure is licensed in all 50 states and has a surplus in excess of $800 million.
For details regarding the latest rating, go to www.ambest.com.
About Amerisure Insurance
Amerisure Mutual Insurance Company, a stock insurer, is a property and casualty insurance company with experience insuring American businesses since 1912. Amerisure and its affiliates target mid-sized commercial enterprises in manufacturing, construction and healthcare through strategically located Core Service Centers across the United States. For more information, visit www.amerisure.com.
SOURCE Amerisure Mutual Insurance Company