A.M. Best Affirms PacificComp's Rating After Acquisition by CopperPoint

A.M. Best has removed the ratings of comp carrier Pacific Compensation Insurance Co., also known as PacificComp, from review. A.M. Best on Wednesday affirmed PacificComp’s financial strength rating of A-minus, or excellent, and long-term issuer credit rating of a-minus. The outlook assigned to the ratings is stable. Concurrently, A.M. Best has affirmed the financial strength rating of A-minus, and long-term issuer credit rating of a-minus, for members of CopperPoint Mutual Group. The outlook of the ratings is stable. CopperPoint Mutual Insurance Co. announced in September th...