INDUSTRY RATING. The City will only accept coverage from an insurance carrier who offers proof that it: Is licensed to do business in the State of Missouri; Carries a Best's policyholder rating of "A" or better; Carries at least a Class VII financial rating; OR Is a company mutually agreed upon by the City and the Consultant.
INDUSTRY RATING. Each party will only accept coverage from an insurance carrier who is either licensed to do business in the State of Kansas and carries an A.M. Best rating of at least A:IX, or is a company mutually agreed upon by the City and County. If the self-insured retention for any of the above coverages equals or exceeds $250,000.00, each party reserves the right to review the necessary financial documents of the other to confirm adequate funding.
INDUSTRY RATING. NBF has an Industry Weighting system that reflects the view of our Economics & Strategy Group, using its sector rotation strategy. The three tiered system rates industries as Overweight, Market Weight and Underweight, depending on the sector’s projected performance against broader market averages over the next 12 months. RISK RATING: NBF utilizes a four-tiered risk rating system, Low, Average, Above Average and Speculative. The system attempts to evaluate risk against the overall market. In addition to sector-specific criteria, analysts also utilize quantitative and qualitative criteria in choosing a rating. The criteria include predictability of financial results, share price volatility, credit ratings, share liquidity and balance sheet quality. The particulars contained herein were obtained from sources which we believe to be reliable but are not guaranteed by us and may be incomplete. The opinions expressed are based upon our analysis and interpretation of these particulars and are not to be construed as a solicitation or offer to buy or sell the securities mentioned herein.
