by CIG December 21, 2020

CIG leadership credits the achievement to staff performance, agency partnerships, and a strong balance sheet.

Capital Insurance Group (CIG) is pleased to share that the company’s rating has been upgraded by AM Best. CIG has received a rating of A (Excellent) from A- (Excellent). CIG has maintained an excellent rating for more than 30 years, and this upgrade is an important milestone for CIG and its agency partners. 

In its press release AM Best stated, “Concurrently, AM Best has upgraded the FSR to A (Excellent) from A- (Excellent) and the Long-Term ICR to “a” from “a-” of California Capital Insurance Company (Monterey, CA) and its subsidiaries, which operate under an intercompany pooling arrangement, collectively referred to as Capital Insurance Group (Capital). The outlook of these ratings is stable.”  Specific components referenced as strengths in the rating include, “Capital’s balance sheet strength, which AM Best categorizes as very strong,” and notably, “the substantial explicit and implicit support Capital has received from Auto-Owners since December 2018.” 

This announcement follows a positive year for CIG and is another step forward for the company whose strategic objective is to be the authoritative leader for property in the western U.S., recognized for service, technology, and internal expertise, distributed exclusively by independent agents by 2023. 

“AM Best’s upgrade of our overall rating is outstanding news for CIG,” said Andy Doll, SVP and Chief Operating Officer. “It illustrates the high quality of our balance sheet combined with the strength we bring to our agents and policyholders. This rating improvement solidifies CIG’s position in the marketplace and brings added confidence to our current and prospective customers. This welcome news is a great way to close out 2020 and enter the new year.”  

About Capital Insurance Group 

Established in 1898, Capital Insurance Group® (CIG) is a leading regional property and casualty insurer in the Western U.S. Headquartered in Monterey, California, CIG offers trusted Agriculture, Commercial, and Personal coverage across Arizona, California, Nevada, Oregon, and Washington 

Known for superior customer service and customizable coverage, CIG delivers insurance solutions tailored to meet the needs of policyholders, sold exclusively through independent agents. CIG’s suite of insurance offerings include coverage for Homeowners, Renters, Personal Auto, Dwelling Fire, Businessowners, Commercial Auto, Farm Owners, Commercial Agriculture, Farm Auto, Commercial Real Estate, and more. Throughout its footprint, CIG partners with regional and local charitable organizations and events to give back to communities in ways that promote preparedness, enhance resilience, and bring relief to communities in crisis.

CIG is underwritten by its affiliate companies: California Capital Insurance Company, Eagle West Insurance Company, Nevada Capital Insurance Company, and Monterey Insurance Company. CIG is rated “A“ (Excellent) by AM Best, the independent financial monitor of the insurance industry and is proud to be part of the Auto-Owners Insurance group of companies, one of the nation’s largest, most-trusted insurers. For more information please visit  

About AM Best 

AM Best rating services assess the creditworthiness of and/or reports on over 16,000 insurance companies worldwide. Their credit ratings are independent, indicative and interactive, and summarize their opinion on an insurance company’s ability to pay claims, debts and other financial obligations in a timely manner. For the latest Best’s Credit Rating, access

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