AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies December 14, 2020 AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” from “a+” for the members of Concord Group Insurance Companies, which is led by Concord General Mutual Insurance Company in Concord, N.H. The outlook of these credit ratings has been revised to stable from positive. Concord Group is a provider of home, auto, business and life insurance through the independent agency system. Concurrently, AM Best has upgraded the FSR to A (excellent) from A- (excellent) and the long-term ICR to “a” from “a-” of California Capital Insurance Company in Monterey, Calif., and its subsidiaries, which operate under an intercompany pooling arrangement, collectively referred to as Capital Insurance Group. The outlook of these ratings is stable.