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N.C. Utilities Commission Issues Order Suspending Certificate of Exemption Involving Daehan Express


N.C. Utilities Commission Issues Order Suspending Certificate of Exemption Involving Daehan Express
Targeted News Service
Feb. 6 --
In the Matter of
Durham, North Carolina 27713 - Termination of Liability Insurance Coverage
ORDER SUSPENDING CERTIFICATE OF EXEMPTION FOR FAILURE TO MAINTAIN INSURANCE
BY THE COMMISSION: The Commission has been advised by the
North Carolina Division of Motor Vehicles that they have received notification from
Atlantic Casualty Insurance Company that your liability coverage will be canceled as of
February 15, 2021.
N.C. Gen. Stat. Sec. 62-268 and Commission Rule R2-36 require certain security for the protection of the public and require that such insurance coverage be continuous and failure to maintain on file with the

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AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies


AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies
December 14, 2020
AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” from “a+” for the members of Concord Group Insurance Companies, which is led by Concord General Mutual Insurance Company in Concord, N.H. The outlook of these credit ratings has been revised to stable from positive. Concord Group is a provider of home, auto, business and life insurance through the independent agency system.
Concurrently, AM Best has upgraded the FSR to A (excellent) from A- (excellent) and the long-term ICR to “a” from “a-” of California Capital Insurance Company in Monterey, Calif., and its subsidiaries, which operate under an intercompany pooling arrangement, collectively referred to as Capital Insurance Group. The outlook of these ratings is stable.

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AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies and Capital Insurance Group; Affirms Credit Ratings of Auto-Owners Insurance Company and Certain Subsidiaries – IT Business Net

AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies and Capital Insurance Group; Affirms Credit Ratings of Auto-Owners Insurance Company and Certain Subsidiaries – IT Business Net
itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.

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