Safety National Moves Up to Financial Size Category XIV

Safety National Casualty Corp. has announced that its A.M. Best financial size category has advanced, increasing Safety National’s rating to XIV. A financial size category of XIV designates an adjusted policyholder surplus of $1.5 billion to $2 billion. Safety National reported a policyholder surplus of $1.5 billion in its 2015 year-end financials. A.M. Best describes the financial size category as “a convenient indicator of the size of a company in terms of its statutory surplus and related accounts.”  ...