Financial Ratings Affirmed for Meadowbrook Insurance Group

A.M. Best last week affirmed the B or “good” financial strength rating for the operating subsidiaries of Meadowbrook Insurance Group Inc. with a stable outlook. The ratings reflect Meadowbrook's adequate capitalization and improved operating results since 2013. The A.M. Best affirmation followed action last month by Demotech Inc. to affirm the financial stability ratings of A, or exceptional, earned by Meadowbrook Insurance Group Inc.'s insurance subsidiaries. Meadowbrook said in a news release that since mid-November, its new executive team has taken action to impro...