AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) for Quanta Insurance Company, Inc. (QIC), a captive of Quanta Services, Inc. The outlook is stable, reflecting QIC's strong balance sheet, adequate operating performance, and effective risk management. QIC, based in Texas, provides insurance services to Quanta Services and its affiliates, benefiting from its parent's expertise in risk management and safety initiatives.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.