Acuity Insurance
The latest Standard & Poor’s grades are in, and Acuity Insurance has once again received an A+ long-term financial strength and issuer credit ratings with a stable outlook.
Acuity also has an A+ financial strength rating from AM Best, offering independent agents and customers the financial security of two superior ratings and ranking Acuity in the top 19 carriers nationally based on financial strength ratings.
In its rating affirmation, S&P noted Acuity’s consistent operating earnings with a record of maintaining a strong underwriting margin in small commercial business, ample capital headroom to absorb sizable losses, and a strong balance sheet with no financial leverage with exceptional liquidity.
S&P also stated that Acuity’s credit fundamentals, including the diversity of its business and improved profitability margin, supported the rating affirmation.
