AM Best Assigns Credit Ratings to Lone Peak Insurance Company
Retrieved on:
Thursday, March 7, 2024
AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Lone Peak Insurance Company (Lone Peak) (South Jordan, Utah).
Key Points:
- AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Lone Peak Insurance Company (Lone Peak) (South Jordan, Utah).
- Lone Peak was formed in 2019 in Utah, and writes, both on an assumed and direct basis, failure to perform contractual liability insurance policies (CLIPs).
- For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
- For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .