Nevada General Insurance Co. News

Western National Insurance Group of Edina, Minn. has completed the purchase all of the stock of Las Vegas, Nev.-based Nevada General Insurance Co., AIC America, and its wholly owned affiliates Auto Insurance America (New Mexico) and Auto Insurance America (Arizona) …

A.M. Best has downgraded the issuer credit rating to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good) of Nevada General Insurance Co. The outlook for the ICR has been revised to stable from negative while the …