The Midland Co., a Cincinnati-based provider of specialty insurance products and services, reported that A.M. Best Co. recently reaffirmed the “A+” (superior) rating of its American Modern Insurance Group property/casualty subsidiaries, reflecting their superior capitalization, favorable operating profitability and niche strategy in providing insurance products for manufactured housing, specialty dwellings, financial services companies and motor sport products.
Best also indicated “a stable outlook” for the future for American Modern’s property and casualty companies.
Topics AM Best
Was this article valuable?
Here are more articles you may enjoy.
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC
AM Best Upgrades Credit Ratings of Missouri’s Columbia
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 

