RetailFirstInsurance Group has received a financial strength rating of B++(Good) from A.M. Best Co. The rating is based on the consolidatedfinancial results of RetailFirst Insurance Co. and BusinessFirstInsurance Co., which operate under an inter-company reinsurancepooling arrangement collectively referred to as RetailFirstInsurance Group.
|RetailFirst and BusinessFirst are Florida-based mono-lineworkers' compensation carriers with total assets of $269.8 millionand a policyholder surplus of $128.3 million as of June 30, 2011.Both are backed by Midwest Employers Casualty Co., rated A+(Superior) by A.M. Best.
|RetailFirst provides workers' compensation coverage to Floridabusinesses. BusinessFirst offers policies in Florida, Kentucky,North Carolina and Tennessee. Together, the companies insure morethan 11,000 businesses.
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