NEWS:

ATG's High Financial Stability Rating Reaffirmed in 2020

Demotech, Inc., an independent financial analysis firm, has again affirmed our Financial Stability Rating® (FSR) of A' (A Prime), Unsurpassed after a review of our statutory financial statement. This is the highest rating given to any regional title insurer in the United States, a status ATG has maintained since 1995.

"ATG is among only a few regional companies to obtain and maintain such a high rating," said Peter Birnbaum, ATG's President and CEO. "As has been the case since 1995, ATG member agents can assure clients that they will receive the highest level of financial protection. We're proud of the fact that we're on equal footing with some of the largest underwriters in the United States. We achieved this through our consistent and effective management practices along with the loyalty of our customer base and low claims experience.”

Demotech bases its decision on data that includes total current assets, total current liabilities, working capital, total revenue, receivables, administrative expenses, total assets, total liabilities, surplus, net income, total expenses, and leverage ratios. They have six rating categories with only A Double Prime Unsurpassed higher than the rating accorded to ATG.

In affirming ATG’s rating, Demotech cited the company’s surplus and stability. “Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, insurers earning a FSR of A' (A Prime) possess unsurpassed financial stability,” Demotech stated.

[Last update: 4-14-20]

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