A.M. Best Co. announced it has downgraded the financial strength rating to B+ (Good) from B++ (Good) and issuer credit rating to “bbb-” from “bbb” of Farmers Mutual Fire Insurance Co. (Farmers) in Okarche, Okla. The outlook for both ratings …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of the New Zealand-based Farmers’ Mutual Group (FMG) and FMG Insurance Limited (FMGIL). The outlook for all of the ratings is stable. …
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. …
