Fitch Ratings has upgraded to 'BBB' from 'BBB-' the insurer financial strength rating on the Sierra Insurance Group (SIG), which includes the following operating companies: California Indemnity Insurance Company, Commercial Casualty Insurance Company, Sierra Insurance Company of Texas, and CII Insurance Company. The Rating Outlook is Stable.
At the same time, Fitch has upgraded to 'BBB-' from 'BB+' the insurer financial strength ratings on Health Plan of Nevada (HPN) and Sierra Health & Life Insurance Company (SHL). The Rating Outlook is Positive.
The rated companies are wholly owned subsi...
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