WALNUT CREEK, Calif., Aug 06, 2012 (BUSINESS WIRE) -- CSE Insurance Group ( www.cseinsurance.com ), a leader in providing quality protection at affordable rates, today announced that the Ward Group has named CSE to its elite Ward's 50 group of top performing companies in the Property Casualty field. This is the third consecutive year that CSE had made the prestigious list.
This accomplishment is awarded to those companies that meet The Ward Group's strict standards of excellence. An insurance provider must pass a series of stringent performance, safety, and consistency tests before it is considered for inclusion on the list. The Ward's 50 are measured and ranked based on five year metrics for Return on Average Equity, Return on Average Assets, average Return on Total Revenue, growth in net Premiums Written, average Combined Ration and improvement in Leverage Ratio.
The Ward Group ( www.wardinc.com ) analyzes over 3,000 property-casualty insurance companies throughout the United States. Inclusion in The Ward's 50 list signifies financial stability, growth, strong capital positions and underwriting results. Further, as one of Ward's 50, CSE outperformed peers in key performance benchmarks.
Pierre Bize, President and CEO of CSE Insurance Group, comments on the recognition, "We are very proud to earn this honor for the third consecutive year. It's a testament to our dedication to providing excellent products and services in the marketplace. This achievement requires collaboration across all departments in the company. Congratulations to CSE for this prestigious recognition, and thank you to our independent agent force for supporting our efforts."
About CSE Insurance Group
In business for more than sixty years, CSE Insurance Group (cseinsurance.com) provides top quality property and casualty insurance for teachers and other educators, firefighters, law enforcement personnel, and other government and civil service employees at affordable rates. CSE Insurance has also offered its products and services to the general public for more than two decades.
CSE recently launched their new, pay by the mile SAVE Program(SM) where drivers are rewarded for driving fewer miles with lower auto insurance premiums. This optional program is available in an annual policy term with the minimum mileage starting at 5,000 miles. At policy inception, customers will provide estimated annual mileage and will have the opportunity to increase their mileage if needed during the policy term. Drivers can visit SavingWhat.com for program details.
With a financial strength rating of A- (Excellent) by insurance industry analyst A. M. Best, CSE Insurance offers a wide range of insurance products, including auto, home, liability, boat, and commercial. CSE Insurance products are sold through independent insurance agents in California, Arizona, Nevada, and Utah. Visit CSE on the Web at cseinsurance.com, on Twitter at twitter.com/cseinsurance, on its blog at cseinsurance.com/blog, and on Facebook at facebook.com/cseinsurance.
SOURCE: CSE Insurance Group
CSE Insurance Group Sarah Ferrucci, 925-817-6394 Marketing Manager SFerrucci@cseinsurance.com
Copyright Business Wire 2012
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