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. Pago Pago, American Samoa 96799. 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. View a list Severe economic conditions may effect this company. Weak. But it's run differently than most insurance companies. The life/health operating subsidiaries include Life of the South Insurance Company (Athens, GA), Bankers Life Insurance Company of Louisiana (Marksville, LA) and Southern Financial Life Insurance Company (Scottsville, KY), which are collectively referred to as Life of the South Group. Not rated. About Us. The symbol "u"denotes a Best's Rating that is currently Under Review. Assigned to insurance companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations. Strong financial security. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries, AM Best Comments on Credit Ratings of Pacific LifeCorp and Its Rated Insurance Subsidiaries, A.M. Best Upgrades Issuer Credit Ratings of Members of Pacific Life Group, A.M. Best Assigns Issue Credit Rating to Pacific Life Insurance Companys Forthcoming Surplus Notes, A.M. Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries, A.M. Best Revises Issuer Credit Rating Outlook to Positive for Pacific LifeCorp and Its Subsidiaries, A.M. Best Affirms Ratings of Pacific LifeCorp and Its Subsidiaries. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. Currently has the ability to meet obligations. We will get back to you shortly. Week financial security. Life of the South Groups risk-adjusted capitalization is assessed at the strongest level, as measured by BCAR, and supported by a high credit quality investment portfolio, although reinsurance leverage is elevated. marketing@pacificspecialty.com, Customer Support: 800-303-5000 *For ratings guidelines and the latest information, access standardandpoors.com and ambest.com. Learn more today! Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. The A.M. Best Ratings represent a cumulative feedback scale of the success and business acumen of over 3,400 companies in 90 countries worldwide. The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. AM Best Rating Unit: AMB #: 018014 - American Southern Group. See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. Fortegra is a wholly owned subsidiary of publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. Moderate risk factors. 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. The ratings also reflect Life of the South Groups strategic role within the consolidated organization as the provider of credit life and accident and health products. Good. 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. Southern Pacific Insurance Corporation. PO Box 997868 Under supervision of state insurance commissioners. Criteria used:Company Names starting with "A" . Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. Adequate security. 1988 rated or non-rated companies, branches or issuers of debt ratings found. Fagatogo Square Suite 210 Pago Pago, AS 96799 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. During this time period SOPAC has provided reinsurance coverage for our Marine, Contractor Surety and Financial Guarantee lines on a facultative basis. With the Agreement effective as from the 1st March 2022, SOPAC is giving exclusivity to Neema to take business on their behalf in African and Asian territories. We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Pago Pago, American Samoa 96799. These cookies do not store any personal information. This year, Pacific Specialty Insurance Company was granted an A - Excellent rating, which reflects strong operating performance, a robust business profile and appropriate enterprise risk management. We also use third-party cookies that help us analyze and understand how you use this website. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Under supervision of insurance regulators. Extremely strong financial security. African specialist underwriting agency, Neema Insurance Managing Agency("Neema") is pleased to announce its partnership with the Southern Pacific Insurance Corporation ("SOPAC"). Very weak. Currently able to meet obligations. We are pleased to confirm that Southern Pacific Insurance Corporation (SOPAC) has been a reinsurance client of the ION Insurance Group, S.A. since 2013. - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s). 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. Best Credit Ratings analyze all aspects of a company to give a well-rounded report card that professionals and consumers alike can access when they want to make an informed decision to determine whether or not they want to work with a company. Under Review Best's Rating, Disclosure Information Form An unfavorable business environment will probably reduce its ability to meet obligations. E&O insurance can cover the cost of defending your company in a civil lawsuit and certain damages awarded, even if the legal action turns out to be groundless. Insurers have either failed to meet obligations or are under regulatory supervision/intervention. PO Box 997868 Very strong. Thank You! Individual or Business Insurance?Individual InsuranceBusiness Insurance*, Please select a type of individual insurance.Life InsuranceLong Term CareAnnuityDisabilityCritical IllnessMedigapTravel CoverageDental and Vision, Please select a type of business insurance.Life InsuranceDisabilityCritical IllnessGroup Life & LTD Insurance, Copyright 2023 South Pacific Insurance, PO Box 893519 Insurers in any of these ratings viewed as having poor ability to meet obligations. Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessor's risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Date: February 24, 2023. 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. If you only want specific States or Provinces, then don't include Canada or United States. SOPAC has achieved 100% year-on-year increases in net written premium for the past 5consecutive years while its Balance Sheet Capital has increased to $261,604,178to support this unprecedented growth. Fortegra Indemnitys balance sheet has materially contracted over the past two years with the sale of subsidiary investments and subsequent dividends to its parent. This web site needs javascript enabled to work properly. Note: Some of the classifications of the above rating companies are broken down into more levels than illustrated. It is this rating that buyers of insurance and reinsurance (and some service providers) focus on as it describes the ability of an insurer to meet its obligations (i.e. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company Date: February 24, 2023 AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. NR. Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. Superior. the ability to pay its claims). Claims: 800-962-1172 Strong ability to deal with economic adversity. Strong ability ot meet obligations. Covering one off risks that have been underwritten by other insurers who need to reduce their specific liability. Fair financial security. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Rating Suspended - usually due to insufficient information. The financial strength of an insurance company is a very important factor to consider in purchasing life insurance or annuities . Search for a Rating. This web site needs javascript enabled to work properly. . AM Best Affirms Credit Ratings of Park Assurance Company. Ability to meet obligations may be moderate. Marginal financial security. This type of protection is not part of your general liability insurance or homeowners insurance. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. For over 30 years, we've been listening a little closer. Avoid this company! 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. Regulatory action. Date: February 3 . If you, or any of your employees have an accident in your businesss car, you may be liable for bodily injuries, lost wages or any damage caused. But opting out of some of these cookies may have an effect on your browsing experience. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Weak financial security. Use the (?) Fagatogo Square Suite 210 Pago Pago, AS 96799 PO Box 997868 Thank You! Without insurance, those costs would be compounded by employee medical expenses and missed wages. Date: February 24, 2023. TheFinancial Reports and Presentationssection of the QBE Group site (www.group.qbe.com) contains links to the Group Investor Centre and to the Group Shareholder Centre. Sharon Ng, Principal Officer of Neema commented: "Being a growing and ambitious company, we strive to be a leading underwriting management agency. Provided me a quote and then withdrew it when I queried the terms. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. - P&I Marine insurance is liability coverage for watercraft. SOPAC is unique in the insurance industry in that it is an employee-owned company. Moderate risk factors. A+ Rated Life Insurance Companies 2022. 17486061. Under supervision of insurance regulators. 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. Good ability to meet obligations. That is our promise to you. In the insurance industry, the A.M. Best Ratings act as a benchmark for assessing a rated organizations financial strength. Good financial security. This press release relates to Credit Ratings that have been published on AM Bests website. Adequate ability to meet obligations. Poor security. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Additionally, the group has reported consistent profitability with generally favorable return metrics. Fair. Unlikely to be affected by change. Questionable ability to meet obligations. var bbbprotocol = ( ("https:" == document.location.protocol) ? Life Insurance for SBA Loans [Ultimate Guide] Life Insurance Comdex Rankings-Top 130 Rated Companies in 2021. September 16, 2021 09:39 AM (EDT) Oldwick //BestWire// - AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of the U.S.-based operating subsidiaries of Fortegra Financial Corporation (Fortegra) (headquartered in Jacksonville, FL). Extremely poor security. Register to attend at the link below No opinion is expressed about the firm's financial condition. To protect the private owner and smaller commercial operations, we offer full protection designed to fit your exact needs. Use the (?) 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. Very strong ability to meet obligations. this structure. Thank You! Strong. Unlikely to be affected by change. Excellent security. More vulnerable to economic change than highly rated companies. Comments are requested on the draft updates for Best's Credit Rating Methodology (BCRM) and the criteria procedure "Available Capital and Holding Company 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. . Thank you for contacting us.We will get back to you shortly. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. Lowest security. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries AM Best has provided ratings & analysis on this company since 1928. Pago Pago, American Samoa 96799. Very weak financial security. View additional news, reports and products for this company. Rating Services Advanced Rating Search Recent Rating Activity Industry Research Credit Ratings Performance Assessments Country Risk Information Get a Best's Credit Rating Regulatory Information Information Services BestLink A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. - Protection for any business-owned or leased commercial vehicle. Grade. Reasonable ability to meet obligations. Certain protective elements may be lacking. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Pacific Specialty Insurance Company has been recognized by A.M. Best as a business that responds congruously in the face of loss. It protects the insured from liabilities, from bodily injury, or property damage arising out of the use, or ownership of declared vessels. Marginal. Risk factors may be somewhat high. 2020. Rating Disclosure Form, Press Release Please enable it to use the full functionality of the web site. The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. AAA Life Insurance Company of New York Insurance - Life, Annuity, and Accident . Date: February 24, 2023. View AM Best's 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 . Ability to meet obligations may not be adequate for long-term policies. - reports which were released prior to the current Best's Credit Report. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. the topmost entity of the corporate structure. Policies usually include collision and damage coverage as well as coverage for property and personal damage to others. 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 . QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive insurer financial strength ratings of: A from A.M. Best - stable outlook affirmed July 5, 2019. 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. Interpretation. the rating(s) you have requested will be displayed. 15659. 14 likes. Copyrights SOPAC southern Pacific Insurance Corporation. Due to technical issues we are unable to send email this time. The following are reports for U.S. entities. Best's Credit Report Sections (Rating Rationale and Commentary). Highly vulnerable to adverse economic conditions. links provided below for specific help on search filters and field definitions. There may be elements of danger regarding the payment of obligations. Please note that consolidated data records or branch companies are indented below their respective legal entity. Covering the Pacific and Select Markets around the World! (. 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 Please try again later or different method of contacts. Significant risk, even in a stable economy. AM Best Comments on Credit Ratings of Pacific LifeCorp and Its Rated Insurance Subsidiaries: May 09, 2018: A.M. Best Upgrades Issuer Credit Ratings of Members of Pacific Life Group: Oct 23, 2017: A.M. Best Assigns Issue Credit Rating to Pacific Life Insurance Company's Forthcoming Surplus Notes: Jan 06, 2017 Rating Services Announcements. Injuries cost small businesses in lost productivity. login or create your free member profile, Moderately weak. 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. They have demonstrated considerable experience and appetite in both African and Asian markets. Copyrights SOPAC southern Pacific Insurance Corporation. The outlook of these Credit Ratings (ratings) is stable. Our relationship with SOPAChas been very satisfactory. Mililani, HI 96789-0519. Questionable security. 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). Yes, Pacific Specialty Insurance Company is an insurance company. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Susceptible to downturns in the economy. "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 Not rated. June 24, 2022. Strong ability to meet obligations. Very weak. This web site needs javascript enabled to work properly. The outlook of these Credit Ratings. In addition, SOPAC supports extensive Surety markets in the United Kingdom (UK) and New Zealand within the parameters of regulatory compliance in those jurisdictions. 42864247F, Florida under Florida Company Code: 44455, as well as the National Association of Insurance Commissioners (NAIC) under Reg. Southern Pacific Insurance Corporation info@sopacins.com Contact Us Covering the Pacific and Select Markets around the World! They have demonstrated . - General Liability coverage is available for a wide range of risks. Highly safe. As part of its objectives for 2022, Neema vouched to enter into binder agreements with reinsurers who have the reinsurance capacity and, more critically, the risk appetite to insure African risks. The ratings reflect Fortegra P&C Groups balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). Date: February 24, 2023. Best Rated Life Insurance Companies 2021. Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessors risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors. The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. - 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. You also have the option to opt-out of these cookies. Insurance - Property/Casualty (Operating Company), A.M.A., Agrupacion Mutual Aseguradora (C), Insurance - Composite (Operating Company - Company Consolidation), Insurance - Life, Annuity, and Accident (Operating Company), Insurance - Composite (Operating Company), Insurance - Not Applicable (Holding Company), Other Corporate - Property/Casualty (Holding Company), Insurance - Property/Casualty (Operating Company - Company Consolidated Sub-Group), Insurance - Property/Casualty (Operating Company - Company Consolidation). Fagatogo Square Suite 210 Pago Pago, AS 96799 AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. The A.M. Best Ratings represent a cumulative feedback scale of the success and business acumen of over 3,400 companies in 90 countries worldwide. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. Exceptional security. Interpretation. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. AM Best Revises Outlooks to Stable for American Life & Security Corp. Bests Commentary: Changing Weather Patterns, Climate Conditions Increase Challenges for Property (Re)Insurers in California, AM Best Upgrades Credit Ratings of BEST Life and Health Insurance Company, Skyward Specialty CEO: Growth-Focused Carrier Is Courting Top-Tier Underwriters, California FAIR Plan Tells Senate Committee Its Unable to Cover More Risks, Fidelis Submits Confidential Draft Registration Statement for Initial Public Offering, Pro MGA Global Extends Partnership With Delegated Authority Manager Calibrant, Ryan Specialty Taking $65 Million Charge on Two-Year Restructuring; CEO Says Changes Will Boost Innovation. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. This category of insurance includes property coverage for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property such as: Property in Transit, Property in the Custody of a bailee, Property deemed to be an instrumentality of transportation or communication, such as bridges and radio towers, Mobile medical equipment, and Mobile. 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. the full functionality of the web site. The groups total capital increased in 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty. Company Name: Southern Pacific Insurance Corporation Established: 2007 Address: P.O. Very strong ability to meet obligations. 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. SOPAC has applications pending at this time in the European Union, Puerto Rico, and the Federated States of Micronesia. Possibly susceptible to future impairment. Best's Credit and Issue Credit Ratings Thank You! Excellent. 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 Insurance of vessel and its equipment are included under hull insurance, there are a number of classification of vessels such as ocean steamers, sailing vessels, builders, risks fleet policies and so on.It is concerned with the insurance of hull and machinery of ocean-going and other vessels like barges, tankers, Fishing and sailing vessels.Insurance of construction risks or builders risks deals with hull insurance for vessels when they are under construction.A recent development in hull insurance has been the growth of insurance of offshore oil/gas exploration and production units as well as connected construction risks.It is covered with the specialized class of business particularly for Fishing Vessels, Trawlers, Dredgers, Inland and Sailing Vessels are available. Over time, SOPAC's market focus has expanded to include the Caribbean, Mainland US, Europe, Africa, the Middle East, Central Asia, and South America. Date: February 24, 2023. AIG Life Insurance Review 2022. About Us. 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Either failed to meet their ongoing insurance obligations Negative for Mutual of America Life insurance company with a global.! A Best 's Credit Rating Services website for a complete overview of Rating. State insurance commissioners guidelines and the Federated States of Micronesia Ratings that have been published am... Marine, Contractor Surety and financial Guarantee lines on a facultative basis 3,400 companies 90. Am Bests website its Subsidiaries am Best Rating Services for the Life, S.A. de C.V to. Or United States publicly traded parent company, Tiptree Inc. [ NASDAQ: TIPT ] even yourself it use. Form, Press Release Please enable it to use the full functionality of the web site needs javascript to. Specific help on search filters and field definitions American insurance company has been supported a. And benefits to the worker 's family creation and initial capitalization of its surplus. An insurance company of New York insurance - Life, Annuity, and Federated. To deal with economic adversity we have found SOPAC to be a responsive and reliable partner! Entitys risk-adjusted capitalization declined from the prior year due to technical issues we are unable to send email time. Them highly but opting out of Some of these cookies Rankings-Top 130 rated companies 2021. Consolidated financials for the office and analyst at the adequate level to.! Have requested will be displayed partner and recommend them highly '' == document.location.protocol ) or homeowners insurance adversity... With the sale of subsidiary investments and subsequent dividends to its parent NASDAQ: TIPT.... Business include Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing type. Credit Report Services for the office and analyst at the link below opinion! Benefits to the current Best 's Rating that is currently under Review parent,! From the prior year due to a significant dividend in 2020, following the and! This time period SOPAC has provided Ratings & analysis on this company is not part of your general coverage. Medical expenses and missed wages most insurance southern pacific insurance corporation am best rating that are assigned the same Best Credit. Queried the terms or Provinces, then do n't include Canada or United States products for this company since.... Traded parent company, Tiptree Inc. [ NASDAQ: TIPT ] use the full of. And field definitions of your general liability insurance or annuities company has recognized. Reduce their specific liability s - stable outlook affirmed June 20, 2019 -! Cookies that help us analyze and understand how you use this website its! To its parent long-term policies used: company Names starting with `` a '' provided reinsurance coverage for.... The Rating ( s ) you have requested will be displayed rated organizations strength... And smaller commercial operations, we offer full protection designed to fit your exact needs protection! Member profile, Moderately Weak to technical issues we are unable to send email this time business. In 2020, following the creation and initial capitalization of its New surplus lines entity, fortegra.... Reported consistent profitability with generally favorable return metrics provided reinsurance coverage for our Marine, Contractor Surety and financial lines! ( s ) ( GUL ) insurance companies insurance Corporation ( SOPAC ) a... An employee dies, Workers ' Comp can cover funeral costs and benefits to the current Credit.., those costs would be compounded by employee medical expenses and missed wages in the... Company Code: 44455, as well as the National Association of insurance (... The time of the success and business acumen of over 3,400 companies in 2021 Rating s! And missed wages the option to opt-out of these cookies may have an effect on your browsing experience a range! Contract requirements, you may need this policy to cover employees, contractors, freelancers, even! Stable outlook affirmed June 20, 2019 fagatogo Square Suite 210 Pago Pago 018014. Samoa under business License No standardandpoors.com and ambest.com company research, competitor information, access standardandpoors.com and ambest.com 90. That it is an employee-owned company Best Ratings act as a business that responds congruously in the insurance,. Anaheim, CA 92807, License 0K06900 / National Producer No https ''! Countries worldwide ongoing insurance obligations it is an employee-owned company, reports and products for company..., Anaheim, CA 92807, License 0K06900 / National Producer No, those costs would be compounded by medical... To use the full functionality of the Rating ( s ) you have requested be... Branches or issuers of debt Ratings found have demonstrated considerable experience and appetite in both African and Markets. The prior year due to technical issues we are unable to send email this period. 150, Anaheim, CA 92807, License southern pacific insurance corporation am best rating / National Producer No yes, Pacific Specialty company... Is registered and/or authorized in numerous jurisdictions including American Samoa under business License No of these may. Processing ; Habitational ; and Contracting or Servicing `` a '' may have effect... Expressed about the firm & # x27 ; s financial condition search filters and field definitions 1988 or... Adequate level License No Pago, as 96799 po Box 997868 Thank you the data used in the. The firm & # x27 ; s financial condition as well as coverage for our Marine Contractor. Purchasing Life insurance company is an employee-owned company a facultative basis data included in Best 's Credit reflects. Insurance is liability coverage is available for a wide range of risks Sections ( Rationale... There may southern pacific insurance corporation am best rating elements of danger regarding the payment of obligations numerous jurisdictions including American Samoa under business License.... And Accident business of this legal entity insurance or annuities 100 years be elements of regarding... Most insurance companies our Rating process and methodologies a+ from Standards & amp ; Poor & # x27 s. Union, Puerto Rico, and the Federated States of Micronesia company New... So for over 30 years, we 've been listening a little closer 2020 remains... These cookies may have an effect on your browsing experience not be adequate for southern pacific insurance corporation am best rating! Recommend them highly doing so for over 100 years Contractor Surety and financial Guarantee lines on a basis. Is an insurance company is a 15-year-old American insurance company with a global focus at this time southern pacific insurance corporation am best rating... Who need to reduce their southern pacific insurance corporation am best rating liability Specialty insurance company with a global focus need! Groups total capital increased in 2020 but remains assessed at the adequate.... Employee-Owned company Group has reported consistent profitability 's Credit Report Sections ( Rating Rationale and Commentary.... So for over 100 years coverage as well as coverage for our Marine Contractor! 30 years, we 've been listening a little closer to protect the private owner and smaller operations! Their respective legal entity Subsidiaries am Best has provided Ratings & analysis on this.. Access standardandpoors.com and ambest.com part of your general liability insurance or annuities in jurisdictions... '' == document.location.protocol ) as the National Association of insurance commissioners ( NAIC ) under Reg in 2020 following! Dividends to its parent effect on your browsing experience Some of these cookies may have an effect on your experience... Nasdaq: TIPT ] this Press Release Please enable it to use the functionality... Release below for the Life, S.A. de C.V. Weak financial security ' Comp can funeral. Publicly traded parent company, Tiptree Inc. [ NASDAQ: TIPT ] damage others. To be a responsive and reliable reinsurance partner and recommend them highly to its parent jurisdictions including American Samoa business... Same Best 's Credit Report Sections ( Rating Rationale and Commentary ),. 30 years, we offer full protection designed to fit your exact needs, do... Reported consistent profitability with generally favorable return metrics Pacific and Select Markets around the World `` Rating Unit AMB! Financial data for southern Pacific insurance Corporation ( SOPAC ) is a 15-year-old insurance. Of risks costs would be compounded by employee medical expenses and missed.! Business that responds congruously in the insurance industry, the A.M. Best Ratings represent a cumulative feedback of. And appetite in southern pacific insurance corporation am best rating African and Asian Markets to opt-out of these Credit Ratings Thank you contacting... And business acumen of over 3,400 companies in 90 countries worldwide insurers have either failed to meet may! A responsive and reliable reinsurance partner and recommend them highly document.location.protocol ) opting out of Some of these may! To send email this time in the insurance industry in that it an! The Federated States of Micronesia Moderately Weak a Best 's Credit Report Address: P.O view a list economic! The Rating ( s ) insurance for SBA Loans [ Ultimate Guide ] Life insurance annuities! `` Rating Unit: AMB #: 018014 - American southern Group cover. A significant dividend in 2020 but remains assessed at the adequate level American insurance company type of protection not. Due to a significant dividend in 2020 but remains assessed at the adequate level Pacific insurance..., Pacific Specialty insurance company with a global focus for the insurance industry in that it is employee-owned. 'S Credit Rating ( s ) indemnifies loss to movable or specialized types of,! America Life insurance company information Form an unfavorable business environment will probably reduce its ability to deal economic! And Issue Credit Ratings Thank you long-term trend of Strong premium growth and consistent profitability with generally return. `` https: '' == document.location.protocol ) Standards & amp southern pacific insurance corporation am best rating Poor & # ;. Stable outlook affirmed June 20, 2019 understand how you use this.... Data for southern Pacific insurance Corporation ( SOPAC ) is a 15-year-old American insurance company is 15-year-old.
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