- Financial Stability Rating® Notifications
- Demotech Affirms Financial Stability Rating® Assigned to Attorneys’ Title Guaranty Fund, Inc. (IL)
Demotech Affirms Financial Stability Rating® Assigned to Attorneys’ Title Guaranty Fund, Inc. (IL)
Columbus, Ohio, June 3, 2019: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to Attorneys’ Title Guaranty Fund, Inc. (IL) 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 Attorneys’ Title Guaranty Fund, Inc. (IL)
Attorneys’ Title Guaranty Fund, Inc. (ATG) provides Title insurance to homebuyers and lenders through a network of 4,000+ lawyer-agents or “members.” In addition to its core business of Title insurance, ATG offers related services and revenue opportunities for its members through its subsidiary companies. Founded in 1964, ATG has a solid track record of success, both financially and through member retention and repeat business. ATG is widely known as an advocate for lawyers and the clients they serve by promoting and fortifying the attorney’s role in real estate transactions and offering practicing attorneys the products and services needed to serve clients and compete effectively. By monitoring legislation and business trends that threaten to infringe upon consumers’ rights and their lawyers’ ability to represent them, ATG takes customer care to a different level than its competitors. For more information, visit www.atgf.com.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit www.demotech.com for more information.
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