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City Of Decatur
<br /> Insurance Companv Ratings and Admitted Status (Cont.)
<br /> GUIDE TO BEST'S FINANCIAL STRENGTH RATINGS
<br /> lA I��si�s F+nan.�i.0 tih�.ix�lh Ha6ny i�a n<1r��::;n�b�ni�,pininr;<A dn in,.ir.i�:ti[i�ici.d�.sli�.i:q�h dr•d.d;iliD, t�,m��ut Ii�:erx]��irq insufanC;,Fx,li�-1';+nd
<br /> cni�ec.;,t�ii�latc,n; 1 he r:i�iuy is l�.i. .!„n:��:r,u-.x:.l�r��.�i:�,yuanh�dtiw��nncl�auai Ld:r.,.v.�iudti.,rv=,t.3;,�nip.�ny s tx�laik�e slxr,i strenylh.u�x,r:��iny
<br /> {�:rl�-,rrnan��.•,u�,d t>usii�ss pro6le
<br /> BesYs Financial Strength Ratings
<br /> Rating Descriptor Definition
<br /> q-__A- Sup�ri��i A-,siyne<1 to��onipanies�hal have in uur opinion :i.euperier,�hBItY fo mee�ttl2h on9oing in5ur�rw����,bli
<br /> y <aUuny
<br /> c�i A,A- Excellent �5'�`���"���"°Of11�nies that have.in a�r o{rniai.an excellent ability to mec�t theu oi�oir�irxurana;�
<br /> a a�t�lic atlons
<br /> N Assiyrw<1 to compaqies that tiave.fn au oErnicx�.a gc�f ability lo meNt their on{�oo�insurance obliga
<br /> B--.B� Go�x1 '
<br /> f�OI1S.
<br /> B.B- Fai� n»Urkxi to companios tl7at lu'�ve.in air o{Nnion_a f�ir nl�ility to mc�f ifieir on��ofrq insurarx;o obliga-
<br /> tions.f inanci�d s�rength�s vulnerabie to aclver;e cf���es in unck?rwntinq arKi econonuc concldions
<br /> C+-.C� Margirkil �����to cornFk�rnes that have in air o�rnon,a marguk'�I atrlity to meet their o��ortg insurance at�li
<br /> qatiais.�inancial strength is vulneraWe to aWersa clkviges in unclorwntirx7 arid economic condttions.
<br /> a Assiyned lo companies lhat have.in cwr o�niai.a weak aUility to meet Uieir aigarg uisurance vbliya
<br /> ` C.C- Nleak tions.Financial sire� th is ve vulnerable to adverse cha
<br /> x� ry n[)es in ixulenvriting ancl acononNc conc7ltions.
<br /> m
<br /> � Assi ned to com
<br /> g panies that have.in our opinion.a poor ability to meet their ongoing insurance u6liga-
<br /> � D 1'<xx Uons.hnancial stre�x3th�s extrenwly vulneratNa to advarsn charx3as m u�danvntv�nrxi ec;cxxxnic con-
<br /> cAtions
<br /> 1 Incfe� Assi�ned�o com{aanles(and�ossiWy�heir subsrzliaries✓afliliates)placeci wKler�signi(icanl fonn of
<br /> E I�tegul<�t�ry r�yulatory supervision.contr�l o�restraint�ux:liding ceasa and cia8�51 orUars,eonservatasFup or reFia-
<br /> Su{x�rvision tHlitation.6ut not liywclation-tfiat prevonts cwidud ot�wrmal.orxaoirg insuranco operations.
<br /> F In LiquYdatlor. Ass�grwcf tv cooipzrnes placc•ci in fiqwclation by a courl ot law or by a torced liquick�tio��.
<br /> Assigrx�d io ratecl com{kmies wf�en stxklen anc!signf�icant events im{k�ci o��alions arxi ra�inq im{�licn-
<br /> S Si��{H.,i��f�.,� tiana e i rvi�t�e -.rduated duy to a lack ot timey or aclryua�e mtonn�6on.�a In cases vrhere ce>nUnued
<br /> malnt n ur.�e nt it-ie prN�nwr;ly tr_iblishecl ratiix�opnK>n is m wol�fion ot evolvmg re�ufatory r���wre
<br /> mam,
<br /> Rating Mod'Hiers
<br /> Modrfier Descnptor Definrtion
<br /> u I hKfar He�nee:• indicate�the raUrK�rn.ry rhange in thn near lerrn-typcaliy r�ilhm e.ix munifn C:eruwr.Jly is event drivert vidh
<br /> {x�sdrve.negadve ur deveki��nq nnplicatiuns-
<br /> {xf I�ul�lir Uata Oxlicat�s rahng ass�gncacl to insurnr ihat ehn.:e rxrt tn��nhapsvte in A.M f_iest�s mternciroe raLnc��cu:ess_
<br /> � Discontinued in 2UtU
<br /> �Yi�di<:�i�� trulicates rdUn�assigne�i to a I loyd�s syndica�e
<br /> Rating Outlooks
<br /> trxLcatr,s ryatenliel diiection ot a Best s I uuvicial Strer�th(iatii�over an intermeclu�te t�,nn ywierally definecl as 12 to�k;nxxdhs.
<br /> F'ovtive I�xfK�.Ntes{x�ssiWe ratirx�upqracin chie tp t.norahle tiniuid:il/rnaukat t�erWs rMa6ve to the currunt r;ding level
<br /> Ner��droe ItadK�ates p��ssible ratn�dotvn4tadr due to untav�;rabla linancialiinarket frends relahve to the t;urrnnt rahng Ieval
<br /> �?.�hlc hxlic-��L-:.I�,rr ik�•i�twpd ot a ra�u�chaix�u di�:��q�:tabie tinanr.iaVin.�rkc�rt IrNndc.
<br /> Under Review Impiications
<br /> IrKfic-te��th+�{;,t:�ntr.d:I:r:.<9H,n of a E3est's Puuuidai Siren<ath I l.dniq that i�in i Indcr '.e:�viee�i sin�tn basfxf an Ynf�xmn6on curruntly availabk3.
<br /> Positr�c In�icates there is a reasonat�le likelihoocl ihe curnpany�s ratmg wdl be raised as a residt ot A_M.Hest:s analysis cf a recent event.
<br /> Nac�ntive Indicatr,-s.ihern is a rea5caiable IikeGhood itk,company's rating:��dl be ib�v�yral a�s a result at A.M F1est's.�nalV'sis c,f a r�xon�evonl
<br /> Iirw�•I�Knn�7 h 1 ��tr.•,Ui� :i.incertaintyastvth.tiieilr.��rnt,ut;,:�n�. ���.tth��u i;ar�.a.,onabtr,hk��lilr�„dih�-�„nqaui�`srnin�l�,:dl:-hai �i�asa
<br /> r� ilt:�t/1�9 14�.;t�analysisolauc�ntedrnl
<br /> Not Rated Designation
<br /> NH A�s,u)rn..d L;:nmpani«,s[hal are ix�t rat�xf 6y A M tiesf
<br /> Rating Disclosure
<br /> A f3�:-t>f��nan;-inl Str<;nqth Hafirxy<�inun addresses the relatfvn abihtY���n uisure�tu meet its on9oing insivai�c ut�liy.itions-I he ratu�9;are n�>t
<br /> as,(yr�cfi�o���•�ilic insur nc,e puli<aes vt cunlracts arxl do no�ncldress eny olher nsk_nK.ludrx�.txd rx�t fiinilNd�c�.an insuiei's clawns{;ayment
<br /> {u�hcics or pioca.futt,s�Ihe'r�tNhty ol the msurer todis{xRe ordeny r.launs payment on yrourxls al rn�sre{xe�;ent.dion or Ir,uuL ur any s{xacibe�.liabdrty,
<br /> contrdetunlly twrne by the{xNicy or contr:act holclar-A Best's Fin:viclal S(rer�th Ra6np is r�t a rec:ominerxlation�o pcuchase hold or I�rrninetu anv
<br /> insurance policy.caitract or any other financlal obligation fssueci by an insurec nor does d adclress tlw siatak»lity of any part�cular{�licy or conhac�t
<br /> for a specilic{wr{x�se or�n�tiasec In arrivfng at a ratirg clecis�on A.M 8est reli�s ai third-party aixfiUxl fir�rK:i�l data arxUor c>tlier in(omiat�on
<br /> �rovalecl to it.Wltile this intaina�ion is helisvecl to lWr reliable.A.M.Bast c1�s not inrka{��Klantly verity U1e:nxurary or rHliabihty ot Ihe in�urn r.iuon
<br /> 1-or ackli0onal cletads.see A.M.Bost's Teims n!Use at wtvw.amb�sLcom.
<br /> RB5��5 Flfkl/1CIelI S1fE�INJIr1 F{d}Iflf)5 dff?(�IS�fIhUIM�Vl.l F)fP$5 ff?�6r1SQ dIl(�CX I�1C'A.M.�P,S�WP.�nI�B cl�WN/lV.3ThBS�.COR1 HIl(1.11P(]11��1511P(11f1(hF+(;li�x��(
<br /> Ratux�Act�ons s�x:hcx�o�Qc�st'S Jo�unalT'" [3c-st's Ilnnncial Strerx�th Rntinys are{xo�metary arxl may r�t bo u?�xafucecl wdhoul pe�rrn�ssion.
<br /> Co{�yriyht-::�014 by A_M E3est C�anpruiy.Ittc_ Verslon 080114
<br /> ^..BEST
<br /> Arthur J.Gallagher Risk Management Services,Inc.
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