Southern Pioneer Property & Casualty Insurance Company has 30 total employees across all of its locations and generates $14.70 million in sales (USD). Severe economic conditions may effect this company. Note: Access to Best's Credit Ratings is available to members. Criteria used:Company Names starting with "A" . Fortegra is a wholly owned subsidiary of publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. Susceptible to downturns in the economy. View a list
Covering the Pacific and Select Markets around the World! AM Best Affirms Credit Ratings of Park Assurance Company. https://register.gotowebinar.com/register/639294962347314189, psic@pacificspecialty.com NR. Failed. - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s). 2570, U.S. Virgin Islands under ID No.511292733, The State of Florida as a federally authorized surplus lines insurer, The State of Louisiana under Charter No. Best Rated Life Insurance Companies 2021. It is mandatory to procure user consent prior to running these cookies on your website. Date: February 10, 2023. SOUTHERN PACIFIC INSURANCE CORPORATION branch Company Number 42864247F Status Active In Good Standing Incorporation Date 18 December 2017 (about 5 years ago) Company Type Business Corporation (Non-Louisiana) Jurisdiction Louisiana (US) Branch Branch of out-of-jurisdiction company Registered Address 113 BLUE RIDGE RD DERIDDER, LA 70634 United States Based on AM Best's analysis, 050799 - Pacific Mutual Holding Company is the AMB Ultimate Parent and identifies
Most P&I forms offer payments for loss of life, injury, illness, hospital, and medical expenses, But we can custom fit your policy to your needs. Weak financial security. Excellent. Very strong financial security. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. - Professional liability insurance, more commonly known as errors and omissions (E&O insurance), is a special type of coverage that protects your company against claims that a professional service you provided caused your client to suffer financial harm due to mistakes on your part (errors) or because you failed to perform some service (omissions). Currently able to meet obligations. Working a bit harder to reach a higher standard. Jan 25, 2023 Pricing Momentum Is Helping Reinsurers Turn The Corner S&P Global Ratings Credit Ratings S&P Global Ratings ESG Evaluation S&P Global Ratings 01/26/2023 New York City Contact & Support P. (+44) 207-176-7068 E. richard.anthonysmith@spglobal.com Head of Sales, Asia-Pacific P. +61 3 96312154 denis.osullivan@spglobal.com QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive insurer financial strength ratings of: The group of insurers includes the following companies: This is a forward-looking opinion about overall creditworthiness in order to pay financial obligations. The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. During his tenure in the United States Marine Corp SOPAC's Founder, Mr. Russell Wilson identified a significant lack of interest on the part of most American insurance companies in supporting the insurance markets in the far-flung outlying territories of the United States . Fagatogo Square Suite 210 Pago Pago, AS 96799
Good financial security. marketing@pacificspecialty.com, Customer Support: 800-303-5000 We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. Weak. AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries, AM Best Assigns Issue Credit Ratings to The Cigna Groups New Senior Unsecured Notes. Week financial security. You need business auto insurance to cover your vehicles. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. Significant risk, even in a stable economy. Very poor security. We also use third-party cookies that help us analyze and understand how you use this website. In school, a report card provides visual, tangible feedback on an individuals success in a subject or specific area. "https://" : "http://" ); document.write(unescape("%3Cscript src='" + bbbprotocol + 'seal-sanjose.bbb.org' + unescape('%2Flogo%2Fpacific-specialty-insurance-company-630264.js') + "' type='text/javascript'%3E%3C/script%3E")); Pacific Specialty That is our promise to you. Questionable security. No opinion is expressed about the firm's financial condition. This type of protection is not part of your general liability insurance or homeowners insurance. The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. - Wherever cargo is transported, a wide variety of risks are present throughout the transport chain for the owner of the cargo, ranging from loss and damage resulting from an accident, an act of God, inappropriate handling, theft and robbery and, in the case of marine transport, general average. A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. They have demonstrated . No opinion is expressed about the firm's financial condition. Southern Pacific Insurance Corporation Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Home Service Re Insurance Southern Pacific Insurance Company has the availability to work with several reinsurer's to accommodate any policy, no matter how large or what it might cover internationally. These cookies will be stored in your browser only with your consent. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Highly safe. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. Without insurance, those costs would be compounded by employee medical expenses and missed wages. Strong ability ot meet obligations. - reports which were released prior to the current Best's Credit Report. Ability to meet obligations may be moderate. Copyrights SOPAC southern Pacific Insurance Corporation. Strong. This web site needs javascript enabled to work properly. Very weak. Southern Pacific Insurance Corporation. Thank You! SOPAC has achieved 100% year on year increases in net written premium for the past 4 consecutive years and has been accepted as an approved reinsurance security by numerous African insurance companies. In addition, SOPAC supports extensive Surety markets in the United Kingdom (UK) and New Zealand within the parameters of regulatory compliance in those jurisdictions. Please note that consolidated data records or branch companies are indented below their respective legal entity. The following are reports for U.S. entities. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. Excellent security. Under supervision of insurance regulators. Superior. AAA. The ratings of Life of the South Group reflect its balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate ERM. Not rated. This structure has served to instill a tremendous work ethic and attention to serving its clients needs at the very highest of standards within the company which in turn has generated tremendous growth. The U.S. property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company (Wilmington, DE), Insurance Company of the South (Athens, GA), Response Indemnity Company of California (Redondo Beach, CA), Blue Ridge Indemnity Company (Wilmington, DE) and Fortegra Specialty Insurance Company (Fortegra Specialty) (Scottsdale, AZ), and are collectively referred to as Fortegra P&C Group. Professional liability insurance is required by law in some areas for certain kinds of professional practices, especially medical and legal, where it is more commonly called malpractice insurance. Unlikely to be affected by change. u Denotes
The groups total capital increased in 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty. Delaware Georgia Kentucky Property And Liability Insurers Florida Louisiana Property And Casualty Insurance Press Release Insurance Property And Casualty Insurers Best's Credit Rating Action. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of a- (Excellent) of Fortegra Indemnity Insurance Company, LTD. (Fortegra Indemnity) (Turks and Caicos). (. Pacific Life Insurance Review. There may be elements of danger regarding the payment of obligations. The ratings of Fortegra Indemnity reflect its balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate ERM. 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. 033813: AAA Southern New England Other Corporate - Property/Casualty (Holding Company) US: Rhode Island: 083796: AAI Limited Insurance - Property . Date: February 3 . About Us. Once you
Copyrights SOPAC southern Pacific Insurance Corporation. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. Strong ability to meet obligations. Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. visit our Ratings & Analysis Center. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. Please enable it to use the full functionality of the web site. Very strong ability to meet obligations. An unfavorable business environment will probably reduce its ability to meet obligations. Date: February 24, 2023. Insurance company These ratings also reflect Fortegra Indemnitys strategic role within the consolidated organization as a captive reinsurer that assumes almost all of the credit property exposure held by Fortegra P&C Group, net of external reinsurance. The outlook of these Credit Ratings. Company Name: Southern Pacific Insurance Corporation Established: 2007 Address: P.O. *For ratings guidelines and the latest information, access standardandpoors.com and ambest.com. Provided me a quote and then withdrew it when I queried the terms. Under Review Best's Rating, Disclosure Information Form
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Claims: 800-962-1172 Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Interpretation. Certain protective elements may be lacking. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Bests Recent Rating Activity web page. Bests News & Research Service - September 16, 2021 09:39 AM (EDT). The groups risk-adjusted capitalization is assessed at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR), supported by a conservative investment portfolio and strong reinsurance program. Register to attend at the link below Excellent financial security. Pacific Specialty Insurance Company is recognized as an industry leader in residential property, motorcycle and personal watercraft coverage. 2) A.M. Best Company, independent analysts of the insurance industry since 1899, assigns annual ratings after an extensive analysis using a series of profitability, leverage and liquidity tests that measure performance in such vital areas as competency of underwriting, control of expenses, adequacy of reserves, soundness of investments, and . AM Best has provided ratings & analysis on this company since 1928. Highest safety. The following links provide access to related data records that AM Best utilizes to provide financial and analytical data on a consolidated or branch basis. Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. These descriptions of coverage are abbreviated and are subject to the terms, conditions, and exclusions of the actual policy, which forms the contract between the insured and the insurance company. Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. A+ Rated Life Insurance Companies 2022. Exceptionally strong. Pago Pago, American Samoa 96799. This rating comes despite a claim heavy 2017, due to wildfires, winter storms, and hurricane devastation. Rating Suspended - usually due to insufficient information. Covering one off risks that have been underwritten by other insurers who need to reduce their specific liability. Outlook affirmed June 20, 2019, due to a significant dividend in 2020 but remains at! Term `` Rating Unit '' identifies individual insurers or a consolidation of member companies are., Tiptree Inc. [ NASDAQ: TIPT ] an unfavorable business environment will probably reduce its to... Hurricane devastation will probably reduce its ability to meet obligations a responsive and reliable reinsurance partner and recommend them.... 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