Great Lakes Casualty upgraded in wake of acquisition
Ratings Agency AM Best has upgraded the financial strength rating to A (Excellent) from B- (Fair) and issuer credit rating (ICR) to “a” from “bb-” of Great Lakes Casualty Insurance Company.
The ratings have been removed from under review with positive implications and assigned a stable outlook.
AM Best said the rating actions follow the announcement that GLCIC has been acquired by Main
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