AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of 'bbb-' (Good) of the members of
(See below for a detailed listing of the companies.).
The Credit Rating (ratings) have been placed under review with negative implications due to a material deterioration in its surplus position as a result of challenging personal property insurance conditions in
The FSR of B+ (Good) and the Long-Term ICRs of 'bbb-' (Good) have been placed under review with negative implications for following members of the
Castle
This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
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