Best Downgrades American Family Insurance Group

By Michael Ha

NU Online News Service, Oct. 31, 11:35 a.m.EST?A.M. Best Co. has lowered the financial strengthrating of the property-casualty affiliates of American FamilyInsurance Group to "A" (excellent) from "A-Plus" (superior), citingthe insurer's falling surplus and unstable earnings. The Oldwick,N.J.-based insurance ratings agency said the ratings outlook is nowstable.

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