Fitch Downgrades Harleysville Debt Ratings

By Michael Ha

NU Online News Service, Dec. 8, 3:40 p.m.EST?Fitch Ratings, concerned about Harleysville GroupInc.'s lackluster underwriting results, downgraded its long-termand senior debt ratings for the company to "triple-B" from"triple-B-plus," while assigning for the first time an "A" insurerfinancial strength rating for the Harleysville intercompanypool.[@@]

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