HONOLULU – First Insurance Company of Hawaii (FICOH) has been named to the 2013 Ward’s 50 group of top-performing property and casualty insurance companies. This is the fifth consecutive year that FICOH has earned this distinction.
FICOH’s being named to the 2013 Ward’s 50 list comes after the upgrade of FICOH’s Financial Strength Rating (FSR) by A.M. Best earlier this year. Rated “A+” (superior), FICOH currently has the highest FSR among property and casualty insurance carriers based in Hawaii.
The Ward Group, a leader of benchmarking and best practices services for the insurance industry, analyzes more than 3,000 property and casualty companies in the United States each year and lists the top companies as the “Ward’s 50.” The 2013 Ward’s 50 list recognizes companies that have achieved outstanding financial results in the areas of safety, consistency and performance over the preceding five-year period (2008 to 2012).