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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the members of Mercury Casualty Group. AM Best also has affirmed the FSR of A- and the Long-Term ICRs of“ a-” of the insurance entities within the American Mercury Insurance Group. In addition, AM Best has affirmed the Long-Term Issue Credit Rating of“ bbb+” of MGC’ s $375...
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AM Best has withdrawn the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa” of Associated Indemnity Corporation. Effective Jan. 1, 2022, WCF National Insurance Company completed its acquisition of AIC from Fireman’ s Fund Insurance Company. Under the terms of the transaction, Fireman’ s Fund Insurance Company will reinsure and...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of the members of Nationwide Group. Concurrently, AM Best has affirmed the FSR of A+ and Long-Term ICR of“ aa-” of Nationwide Life Insurance Company and its subsidiaries, Nationwide Life and Annuity Insurance Company and Jefferson National Life Insurance Company.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” for Rutgers Casualty Insurance Company and American European Insurance Company, which operate an intercompany reinsurance pooling agreement, and are collectively known as AEIG or the group.