January 21, 2009
A.M. Best Affirms ASI's A- Rating
St. Petersburg, FL (January 21, 2009) - American Strategic Insurance Group (ASI) announced today it received affirmation from A.M. Best of its Financial Strength Rating of A- (Excellent). A.M. Best is one of the world’s most trusted financial rating firms. They render their independent opinion based upon a comprehensive evaluation of a company's balance sheet strength, operating performance, and business profile. A.M. Best Financial Strength Ratings are recognized as the benchmark for assessing the financial strength of insurance organizations.
ASI is a Florida-based insurer, specializing in homeowners insurance, with over 346,000 policyholders in Florida, Texas, Louisiana, Arizona, and Colorado. The company is also a Write Your Own (WYO) Flood Service Provider nationally. ASI employs 150 people in its St. Petersburg offices. The A- (Excellent) rating applies to American Strategic Insurance Corp, ASI Assurance Corp, and ASI Lloyds.