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Attachment number I
<br />Page 46 of43
<br />A.M. BEST RATING OF PROPOSED COMPANIES
<br />COMPANY COVERAGE BEST RATING ADMITTED
<br />Preferred Governmental Insurance
<br />Property
<br />Not Rated
<br />Yes
<br />Trust
<br />General Liability
<br />Fair
<br />Law Enforcement
<br />C, C - * **
<br />Marginal
<br />Public Officials
<br />Employment Practices
<br />FINANCIAL SIZE CATEGORY
<br />Automobile
<br />The Financial Size Category is an indication
<br />of the size of an Insurer and is based
<br />on
<br />Inland Marine
<br />conditional or Technical Reserve Funds, such as mandatory securities valuation reserve, other investment and operating
<br />contingency funds and /or miscellaneous voluntary reserves reported as liabilities.
<br />Workers Compensation
<br />($ In thousands)
<br />Crime
<br />Class I
<br />Fidelity & Deposit Ins. Of Maryland
<br />Crime
<br />A+ XV
<br />Yes
<br />Atlantic Specialty Insurance Co.
<br />Sponsored Student Accident
<br />A XI
<br />Yes
<br />Hartford Insurance Co. of the Midwest
<br />Flood
<br />A XV
<br />Yes
<br />RLI Insurance Co.
<br />Marine Hull
<br />A+ XI
<br />Yes
<br />USPlate Glass Insurance Company
<br />Glass
<br />AV
<br />Yes
<br />GENERAL RATING
<br />These rating classifications reflect BEST's opinion of the relative position of each company in comparison with others, based
<br />upon averages within the Property- Casualty insurance industry. They are reflective of overall company services and standing
<br />within the industry.
<br />A + +, A + * ** Superior
<br />B, B - * **
<br />Good
<br />A, A - * ** Excellent C++,
<br />C + * **
<br />Fair
<br />B++, B + ** Very Good
<br />C, C - * **
<br />Marginal
<br />NR Not Rated
<br />FINANCIAL SIZE CATEGORY
<br />The Financial Size Category is an indication
<br />of the size of an Insurer and is based
<br />on
<br />reported Policyholders' surplus plus
<br />conditional or Technical Reserve Funds, such as mandatory securities valuation reserve, other investment and operating
<br />contingency funds and /or miscellaneous voluntary reserves reported as liabilities.
<br />($ In thousands)
<br />Class I
<br />$ Up to
<br />$
<br />1,000
<br />Class II
<br />$ 1,000
<br />To
<br />$
<br />2,000
<br />Class III
<br />$ 2,000
<br />To
<br />$
<br />5,000
<br />Class IV
<br />$ 5,000
<br />To
<br />$
<br />10,000
<br />Class V
<br />$ 10,000
<br />To
<br />$
<br />25,000
<br />Class VI
<br />$ 25,000
<br />To
<br />$
<br />50,000
<br />Class VII
<br />$ 50,000
<br />To
<br />$
<br />100,000
<br />Class VIII
<br />$ 100,000
<br />To
<br />$
<br />250,000
<br />Class IX
<br />$ 250,000
<br />To
<br />$
<br />500,000
<br />Class X
<br />$ 500,000
<br />To
<br />$
<br />750,000
<br />Class XI
<br />$ 750,000
<br />To
<br />$
<br />1,000,000
<br />Class XII
<br />$ 1,000,000
<br />To
<br />$
<br />1,250,000
<br />Class XIII
<br />$ 1,250,000
<br />To
<br />$
<br />1,500,000
<br />Class XIV
<br />$ 1,500,000
<br />To
<br />$
<br />2,000,000
<br />Class XV
<br />$ 2,000,000
<br />To
<br />$
<br />More
<br />This information has been provided to you so that consideration is given to the
<br />financial
<br />condition of our proposed carriers. The
<br />financial information disclosed is the most recent available to us.
<br />Agenda Item No. IOA
<br />45
<br />152
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