CompSource Mutual Insurance Company earns renewed A (Excellent) rating from AM Best
Rating affirms
These rating renewals reflect AM Best's continued confidence in CompSource Mutual's operating performance, business profile, enterprise risk management, and ability to meet its ongoing financial obligations.
Key factors of the ratings include:
- Balance Sheet Strength: Best's Capital Adequacy Ratio (BCAR) is in the strongest category and is expected to remain at the strongest level through the near term.
- Operating Performance: Five-year return on revenue (RoR) and return on equity (RoE) compare favorably to the metrics of the workers' compensation composite.
- Outlook: The company is expected to maintain its overall balance sheet strength assessment.
"For more than 90 years, CompSource Mutual has protected
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. A nationally recognized statistical rating organization (NRSRO), AM Best's Credit Ratings provide an independent, third-party opinion of an insurer's financial strength and ability to meet ongoing insurance obligations. For the latest AM Best Credit Rating, visit www.ambest.com.
About CompSource Mutual Insurance Company
For 90+ years,
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SOURCE CompSource Mutual Insurance Company
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