Capital Insurance Group Receives “A” Rating (Excellent) by A.M. Best Company and Ranked in Top 200 Property/Casualty Writers

MONTEREY, Calif., July 23, 2013 /PRNewswire/ -- Capital Insurance Group^® (CIG), the leading regional property and casualty insurer serving the Western U.S., recently received an "A" rating (Excellent) and ranked 137th in the prestigious A.M. Best Top 200 Writers insurance rankings. CIG has placed prominently in the listings for 11 consecutive years, moving up in rank each year. The A.M. Best rating is one of the most established standards in the insurance industry and is based upon independent analysis of financial security, longevity and stability.

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"CIG has maintained a proven record of excellence for 115 years and continues to be a secure, service-oriented industry leader," said Peter Cazzolla, President and CEO of Capital Insurance Group. "This year we achieved our best-ever ranking, and our strong policy client retention and new business development efforts have allowed us to enjoy continued growth."  

Founded in 1899, the A.M. Best Company is a worldwide insurance-rating and information agency whose reporting system is recognized and respected by capital market issuers and professionals across the globe. Best's Credit Ratings are a comprehensive quantitative and qualitative evaluation of a company's balance sheet strength, operating performance and business profile.

"A.M. Best rankings may be the most coveted award in the insurance industry due to the stringent qualification requirements for sound financial and business practices," said Bob Erickson, Capital Insurance Group's Chief Financial Officer. "Our consistent presence and upward trend in the rankings proves the robust viability of our company."

For a complete list of CIG's awards, visit www.ciginsurance.com/about/awards-and-recognition.

For more information about the award, visit www.ambest.com.

About Capital Insurance Group
Capital Insurance Group^® (CIG) is the leading regional property and casualty insurer serving the Western U.S. since 1898. CIG insures Personal Auto, Homeowners, Farmowners, Condo Owners, Vacation Property, Renters, Apartment Building Owners, and many kinds of Commercial and Agricultural Auto and Property. The 115 year-old company is rated "A" (Excellent) by A.M. Best, the independent financial monitor of the insurance industry. CIG manages personal, business, and agriculture risks underwritten by its affiliate companies: California Capital Insurance Company, Eagle West Insurance Company, Nevada Capital Insurance Company, and Monterey Insurance Company. Types of policies may vary from state to state. For more information, please visit www.CIGinsurance.com

CIG Delivers More. Continuously.™

SOURCE Capital Insurance Group