A+ IX (Superior) by A.M. Best
(Only 24% of A.M. Best companies are rated A+.)
“The rating reflects the group’s superior risk adjusted capitalization, excellent operating performance and solid market position. The group’s positive rating factors are derived from its conservative underwriting and reserving practices combined with its solid market presence. The group operates as a well-diversified carrier through its expansion of products and markets. The group’s emphasis on loss control and operating expense efficiency has led to very strong underwriting profitability driven by substantial loss reserve redundancy on prior accident years.”
A (Excellent) by TheStreet.com Ratings, formerly Weiss Ratings
(TheStreet.com is the nation’s leading independent provider of ratings for financial services companies, evaluating the financial strength of more than 15,000 institutions.)
“This rating recognized Protective Insurance Company as an OUTSTANDING INSURER offering excellent financial strength for its customers, vendors and employees. Please know that FEWER THAN ONE PERCENT of the nation’s property and casualty insurers meet the criteria for exceptional financial strength making this distinction truly one to be proud.”
Ward’s Top 50
(Leader for evaluating, benchmarking and best practice services for the insurance industry. Identified the Top 50 performing insurance companies in the United States.)
“Protective Insurance Group is recognized for achieving outstanding financial results in the areas of safety, consistency and performance over the latest five-year period."