Commerce Protective News

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Farmers Mutual of Tennessee. Best explained that the revised outlook of Farmers of …

A.M. Best Co. has downgraded the financial strength rating to ‘B+’ (Good) from ‘B++’ (Good) and issuer credit rating to ‘bbb-‘ from ‘bbb’ of Pennsylvania-based Commerce Protective Insurance Company (CPIC), and has placed both ratings under review with negative implications. …