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PRIME Program Upgraded to A.M. Best A+ "Superior" Rating
A.M. Best has upgraded the financial strength ratings to A+ (Superior) from A (Excellent) for the PRIME Underwriting Carrier, Berkley Insurance Group and Berkley Regional Group and their respective property/casualty members. Riverport Insurance Company, a Berkley member, is the property and casualty underwriting carrier for PRIME – Public Risk Insurance Made Easy.
"We are pleased to be one of the few public entity programs who are able to offer the A+ rating”, said Ron Seymour, PRIME Program Vice President / Division Manager. “This affords us greater strength in the marketplace as we expand into new territories.”
Public Risk Insurance Made Easy, a division of Glatfelter Insurance Group, offers highly customized coverage for the municipal sector, including cities, towns, townships, boroughs, and villages with a population of 25,000 or less. Other special purpose entities, such as park or recreation commissions, library boards, and parking, sewer or water authorities qualify for the program as well.
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