AM Best Upgrades the Financial Strength Ratings for Employers Holdings, Inc.?s Operating Subsidiaries to ?A? (Excellent)
BY GlobeNewswire | CORPORATE | 01/08/25 05:15 PM ESTRENO, Nev., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Employers Holdings, Inc.
?This upgrade reflects our unwavering commitment to financial strength and operational excellence," said Katherine Antonello, President and CEO of Employers Holdings, Inc.
According to a news release from AM Best, the rating upgrades are driven by Employers' balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile, and appropriate enterprise risk management. AM Best also noted Employers' consistent underwriting profitability and improved underwriting margins, resulting from its multi-focus, multi-year strategy emphasizing adequate pricing, proper risk selection, expedient claims handling, and conservative investing.
As a leading provider of workers' compensation insurance, Employers remains dedicated to serving small and mid-sized business policyholders in low to medium hazard industries. For more information about Employers and its subsidiaries, please visit www.employers.com.
AM Best is the world's oldest and most authoritative insurance rating information source. For the latest ratings, visit www.ambest.com.
About EMPLOYERS
Employers Holdings, Inc.
EMPLOYERS is also proud to offer Cerity?, which is focused on providing digital-first, direct-to-consumer workers? compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.
EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A (Excellent) by A.M. Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc.
Media Contact:
Kimberly Eye
Vice President, Marketing & Communications
keye@employers.com
Investor Relations Contact:
Michael Paquette
Executive Vice President, Chief Financial Officer
mpaquette@employers.com
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Image: Primary Logo
Source: Employers Holdings Inc