A.M. Best Affirms Rating
A.M. Best affirmed the Financial Strength Rating of A (Excellent) with a stable outlook for Rockingham Group, a personal and business insurer located in Harrisonburg, VA. The rating is a measure of an insurance company's ability to pay claims to its policyholders.
"This rating validates our financial strength," said Robert Lyon, CEO. "It reflects the commitment and partnership of our associates and agency partners."
The "A" rating recognizes Rockingham Group's solid financial stability and historically profitable underwriting and operating results. The stable outlook reflects A.M. Best's expectation that earnings will remain positive.
The company was specifically recognized for its excellent capital position and improving underwriting performance since 2013.
A.M. Best Company is the insurance rating and information source for the industry. For more information, visit www.ambest.com or www.ambest.com/ratings/methodology.