Rated "A" for Excellent
July 12, 2010
Merchants Bonding AGAIN Recognized - Now 52 consecutive years of “A” (Excellent) ratings from A.M. Best.
The July 2010 issue of Best's Review had a cover article entitled "Standing the Test of Time; A look at the insurers that have achieved "A" or higher financial strength ratings for decades."
Merchants Bonding Company is proud to be included among the companies honored for their many years of best practices. The article noted that A.M. Best has issued financial strength ratings, or opinions, on the ability of individual insurance companies to pay claims on coverage underwritten since 1906. The original system was devised by the company's founder, Alfred M. Best.
“This recognition from A.M. Best is a testament to Merchants consistent underwriting results through the many economic cycles over the years. Congratulations to our associates for their commitment and dedication to the long time success of our company. We also appreciate our customers and the many relationships we have built throughout our 77 years in the surety industry,” said Merchants Bonding Company President Larry Taylor.
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