AmTrust: Good, Positive, and Scary

AmTrust has been picking up press. Here’s the condensed recap. Something Good. The company has been named to the Fortune 500 list, which celebrates the largest companies in the US by total revenue, for the first time.

Something Positive. It recently injected some $300M into the company in a private placement, which A.M. Best viewed as a ‘positive step’. And Something Scary.

Let me explain. That was a comment made by ‘MightyQuinn’ for Insurance Journal in response to AmTrust selling shares in its sister company National General for ~$211.7 million. Bottom Line: an attempt to boost investors confidence. Keyword. Attempt. Friendly refresher below.