WFG National Title Maintains Top Financial Stability Rating
|September 27, 2011|
WFG National Title Insurance Co. maintained its Financial Stability Rating of A' (A Prime), Unsurpassed, the top Financial Stability Rating awarded by Demotech Inc.
This is the second consecutive year in which WFG National Title has been designated with the A' (A Prime), Unsurpassed rating.
“WFG National Title has worked very hard to maintain its financial stability in a very uncertain market,” said Joseph Drum, executive vice president for WFG National Title. “Our highest priority is to serve as a reliable resource for our partners and agencies, and we have done so by making careful decisions and employing sound strategy in our financial planning.”
A Financial Stability Rating (FSR) is a leading indicator of an insurer’s financial stability. FSRs are based upon a series of quantitative ratios and considerations which together comprise Demotech’s Financial Stability Analysis Model. FSRs are accepted by several government sponsored enterprises, including Fannie Mae, Freddie Mac and various programs of the United States Department of Housing and Urban Development (HUD), mortgage lenders, as well as a number of umbrella and agents errors and omissions insurance markets.