Human Resources Blog HRI Maintains A-Rated Worker's Comp Carrier

Tower Group International, a global diversified insurance and reinsurance holding company and worker's compensation provider for many PEOs, recently had their A.M. Best rating downgraded from an A- (Excellent) to a B+ (Good).This could mean big problems due to the fact that clients of PEOs generally require an A-level rating for insurance carriers. Tower's stock price has declined by more than 60 percent since August 7th and JP Morgan has been tasked with selling the company.Human Resources, Inc. is currently covered by AmTrust, an A-rated workers' compensation carrier. Unfortunately, there are many other PEOs that have not switched providers.If your company requires an A-rated workers compensation carrier, contact Human Resources Inc. today, our experts will be happy to answer your questions and assist you with your transition.Contact Us Today