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Best Downgrades Ratings of Tower Hill Prime Insurance of Florida December 11, 2020 AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “a-” of Tower Hill Prime Insurance Co., headquartered in Gainesville, Fla. The outlook of the FSR has been revised to stable from negative, while the outlook of the Long-Term ICR is negative. Best said the ratings reflect Tower Hill Prime’s balance sheet strength, which AM Best categorizes as very strong, ...

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