A.M. Best Downgrades Issuer Credit Rating of American Resources Insurance Company Incorporated
By a
The negative rating actions reflect
The negative outlook reflects
Negative rating action could result if there is adverse development with the company's run-off liabilities, a significant deviation in actual operating results from projected results over the near term or a significant erosion of the capital base. Continued favorable run-off of the company's legacy liabilities, improvement in risk-adjusted capitalization or profitable operations supported by an appropriate level of risk-adjusted capital could lead to favorable movement in the company's ratings.
The methodology used in determining these ratings is Best's Credit Rating Methodology, which provides a comprehensive explanation of
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