A.M. Best Co. has upgraded Crum & Forster Group’s financial strength ratings to “A” from “A-minus.” The rating agency also upgraded Crum & Forster Group’s issuer credit ratings to “a” from “a-minus.”

A.M. Best said the upgrade for Morristown, N.J.-based Crum & Forster, a wholly owned subsidiary of Fairfax Financial Holdings Ltd., reflects the insurance group’s proven underwriting capability, favorable five-year accident year results, competitive expense ratio, significantly reduced legacy issues, diversified product portfolio and robust capital levels.

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