A.M. Best Downgrades, Places Ratings of United Security Assurance Company of Pennsylvania Under Review with Negative Implications
A.M. Best has downgraded the financial strength rating to C++ from B- and the issuer credit rating to“ b+” from“ bb-” and placed the ratings under review with negative implications for United Security Assurance Company of Pennsylvania. Although management is actively working to implement an improvement plan, which includes the pursuit of material rate increases to…
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