KBRA Assigns Rating to Junior Subordinated Notes to be Issued by Fortegra Financial Corporation

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a rating of BBB- with a stable outlook to the junior subordinated notes to be issued by Jacksonville-based Fortegra Financial Corporation (Fortegra). The organization is a leading provider of credit protection, warranty, and specialty underwriting products and services. Fortegra currently has an issuer rating of BBB with a stable outlook. KBRA expects Fortegra to issue up to $125 million of fixed-rate resetting junior subor