AM Best Downgrades Credit Ratings of P/C Subsidiaries of United Heritage Financial Group, Inc ; Withdraws Credit Ratings of United Heritage Property & Casualty Company
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AM Best Downgrades Credit Ratings of P/C Subsidiaries of United Heritage Financial Group, Inc ; Withdraws Credit Ratings of United Heritage Property & Casualty Company
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AM Best Revises Issuer Credit Rating Outlook to Positive for Insurance Subsidiaries of United Heritage Financial Group, Inc.
February 5, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Feb 5, 2021
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of United Heritage Life Insurance Company (UHLIC) (Meridian, ID). Concurrently, AM Best has revised the outlooks to positive from stable and affirmed the FSR of B+ (Good) and the Long-Term ICR of “bbb-” of United Heritage Property & Casualty Company (UHPC) (Meridian, ID). AM Best also has revised the outlook to positive from stable for the Long-Term ICR and affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” of Sublimity Insurance Company (SIC) (Sublimity, OR). The outlook of the FSR is stable. Thes