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FAQ's
Company Financial
Condition:
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Dec.
31, 2006 |
Dec.
31, 2007 |
Dec.
31, 2008 |
Dec.
31, 2009 |
Direct
Written Premium |
$8,947,663 |
$9,621,459 |
$9,529,808 |
$9,494,601 |
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|
|
|
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| Policyholder
Surplus |
$12,427,917 |
$13,059,211 |
$12,751,675 |
$15,849,640 |
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|
|
|
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Admitted
Assets |
$20,773,857 |
$22,476,536 |
$22,578,267 |
$25,016,815 |
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A.M. Best
Rating: "A"
“A ... Assigned
to companies which, in our opinion, have demonstrated excellent overall
performance when compared to the standards established by the A.M. Best
Company. A and A- companies have a strong ability to meet their obligations
to policyholders over a long period of time.”
Definition of A.M.
Best’s Ratings:
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Secure
Ratings:
A++, A+ Superior
A, A- Excellent
B++, B+ Very Good
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Vulnerable
Ratings:
B, B- Fair
C++, C+ Marginal
C, C- Weak
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Reinsurance
Finger Lakes Fire & Casualty Company
is reinsured by:
Maiden Reinsurance Company
AM Best Rating for Maiden is "A-"
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