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.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.