National Interstate Insurance Company and Its Subsidiaries Receive Rating Upgrade from A.M. Best to A+ (Superior)
RICHFIELD, Ohio--(BUSINESS WIRE)--Aug 30, 2018--On August 17, 2018 A.M. Best Rating Services, Inc. (“A.M. Best”) raised its Financial Strength Rating for National Interstate Insurance Company and its three insurance subsidiaries, Vanliner Insurance Company, National Interstate Insurance Company of Hawaii, Inc. and Triumphe Casualty Company (collectively referred to as “National Interstate”) to A+ (Superior) from A (Excellent). At the same time, A.M. Best also upgraded the Long-Term Issuer Credit Ratings to “aa-” from “a+” of National Interstate. The outlook of these ratings is stable. The rating upgrades reflect National Interstate’s strong operating performance and balance sheet strength, and enhanced integration and shared resources now that National Interstate is a fully owned member of the Great American Insurance Group (“Great American”).
“We appreciate A.M. Best’s recognition of our strong long-term operating performance and the support we receive from Great American,” said Tony Mercurio, President and CEO of National Interstate. “We remain committed to providing our customers with innovative insurance solutions backed by our experienced management team and financial strength and stability.”
For the latest rating, access www.ambest.com.
About National Interstate Corporation
An Insurance Experience Built Around You
National Interstate Insurance Company offers insurance products and services, including alternative risk transfer programs, focused on the transportation industry. We provide insurance solutions that address the unique needs of our customers, which include passenger, moving and storage, and truck transportation companies. National Interstate and its insurance subsidiaries, Vanliner Insurance Company and Triumphe Casualty Company, are rated “A+” (Superior) by A.M. Best. Founded in 1989, we are headquartered in Richfield, Ohio with operations in Kapolei, Hawaii and Fenton, Missouri.
National Interstate is a member of Great American Insurance Group. The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG). AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.
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CONTACT: National Interstate Insurance Company
Amanda Genther, 330-523-5482
KEYWORD: UNITED STATES NORTH AMERICA HAWAII MISSOURI OHIO
INDUSTRY KEYWORD: TRANSPORT TRUCKING OTHER TRANSPORT PROFESSIONAL SERVICES FINANCE INSURANCE
SOURCE: National Interstate Insurance Company
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PUB: 08/30/2018 01:00 PM/DISC: 08/30/2018 01:00 PM