A.M. Best Upgrades Issuer Credit Rating of Wolverine Mutual Insurance Company
The ratings reflect Wolverine’s balance sheet strength, which
Conversely, Wolverine’s geographic concentration exposes surplus to frequent and severe weather events, which the company has experienced in recent years, as well as the judicial and regulatory environment. Most notable is automobile personal injury protection coverage, which continues to be a challenge for all companies with this exposure in
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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