Wednesday 23 November 2016

Southern General Insurance

Brief History and Details

Southern General Insurance is a stock company established in 1979. It deals with fire and casualty types of insurance. This company’s plans also embrace airplane travels. Now it’s a limited liability corporation with multiple professionals who can help you get covered airplane travels with ease. The President of Southern General Insurance is now Jacqueline Schaendorf, the secretary is Rebecca Bittinger, and the treasurer is Jo Bittinger.

You may wonder if you should sign up for the insurance that deals with all kinds of coverage, or run for specialized covers such as airplane insurance. Well, service line reduction decreased operating costs for SGI and enabled it to have narrow specialization and unique airplane experience accumulation.

Credit Ratings and Other Factors

Issuer credit rating in Southern General Insurance Company was evaluated as B+ which is good. The company had to reduce homeowners from their offered insurance line due to their intention to reduce costs in such an aggressive manner. The operating trends had a tendency to decrease, so the entire expense structure has changed and caused lower operating performance in the past few years.

However, these unpleasant negative factors can be put to background. Other indicators show that SGI is a reliable capitalization business with low loss rates and outperforming risk adjustment. The geography of the company is still limited as well as the products/services offered. Investments portfolio is conservative and the income is stable.

Where to look for

The headquarters of Southern General Insurance are located in Atlanta, Georgia. You can contact the office for company claims, customer service, or any other additional information by this phone number: 770 – 952 – 0080. Full mailing address is: P O Box 28155, Atlanta, GA 30358.

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