This week, TWO FORTUNE 100 INSURANCE COMPANIES are out looking for capital to shore up their books.  Both companies suffered losses in their investment portfolios and now need cash infusions to remain solvent.  This is a pretty scary situation given that insurance companies are supposed to be the most risk-averse and conservative when it comes to investing their money.  I can't say this any more clearly: Make sure you look at the most recent financial rating of any insurance company you plan to purchase insurance from.  If they've been recently downgraded, that is a warning sign to all investors and customers.

I'll say it again: MAKE SURE YOU LOOK AT THE MOST RECENT FINANCIAL RATING OF ANY INSURANCE COMPANY YOU PLAN TO PURCHASE INSURANCE FROM.  They may not be there when the time comes to pay out claims.

Cameron Bagherpour
Insurance Agent
Cary, NC
919-460-0606