AM Best Revises Outlooks to Stable for Connecticut Attorneys Title Insurance Company

AM Best Revises Outlooks to Stable for Connecticut Attorneys Title Insurance Company

May 25, 2022 by Business Wire Professional Services: Insurance News

Key Facts

  • OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Connecticut Attorneys Title Insurance Company (CATIC) (South Burlington, VT).
  • These Credit Ratings (ratings) reflect CATIC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • AM Best is concerned with CATIC’s expansion plans and the risk that aggressive growth potentially could have on the balance sheet.
  • For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page.

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