The ratings reflect ATIC’s supportive risk-adjusted capitalization level, its seasoned and experienced management team, and the development and implementation of ATIC’s enhanced business plan following its acquisition by
Offsetting rating factors include ATIC’s minimal profile in the title insurance market, the concentration of its business in the state of
The outlooks reflect A.M. Best’s expectations that ATIC will maintain risk-adjusted capitalization levels that support its liabilities while achieving operating performance that is reasonably in-line with its plans. Negative rating action could occur should ATIC’s performance not be in line with the business plan submitted to
This press release relates to Credit Ratings that have been published on A.M. Best’s website. 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 A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
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