FAMLIFatherhood and Marriage Leadership Institute
FAMLIFine Arts Museum of Long Island (Hempstead, NY)
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The ratings of FAMLI primarily recognize its strong risk-adjusted capitalization and modest increase in its credit life and credit accident and health insurance sales, offset by expected challenges to profitability associated with increased surplus strain from new business production and a lack of scale.
In addition to these actions, the ratings of FAMPAC and FAMLI will remain under review with negative implications pending the planned divestiture (spin-off) of Financial American Holdings Corporation (FAMHO) from Warranty Topco, Inc.
The driving philosophy at FAMLI is to offer a range of diverse lending opportunities to fit any potential customer's needs.