Fitch Assigns 'A-' Rating to FPIC
Aug 31, 2006
Fitch Ratings has assigned a senior debt rating of 'BBB-'and an issuer default rating of 'BBB' to FPIC Insurance Group. In addition, FPIC's wholly-owned insurance subsidiaries are assigned an 'A-' insurer financial strength rating. All ratings have a Stable Outlook. FPIC is the third PIAA company to be rated by Fitch. The Fitch Ratings Insurance Group provides ratings and research on insurance and insurance-related companies worldwide in many sectors of the insurance market, including property & casualty and reinsurance. Fitch insurance ratings fall into two categories: fixed income security ratings and insurer financial strength ratings. (Business Wire, 8/31)
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