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Stock impact report

AM Best Affirms Credit Ratings of Fortegra Financial Corporation’s Insurance Subsidiaries

Tiptree Inc. (TIPT) 
US:NASDAQ Investor Relations: tiptreefinancial.com
Company Research Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the U.S.-based operating subsidiaries of Fortegra Financial Corporation (Fortegra) (headquartered in Jacksonville, FL). Fortegra is a wholly owned subsidiary of publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. The U.S. property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company (Wilmington, DE), Insurance Company of the South (Athens, GA), Response Indemnity Company of California (Redondo Beach, CA) and Blue Ridge Indemnity Company (headquartered in Jacksonville, FL), which operate under an intercompany pooling agreement and are collectively referred to as Fortegra P&C Group. The life/health operating subsidiaries include Life of the South Insurance Company (Athens, GA), Bankers Life of Louisiana (Marksville, LA) and Southern Financial Life Insurance Company (Scot Show less Read more
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