AM Best has revised its outlook from stable to positive, and affirmed the financial strength rating of A-minus, or excellent, for Maryland-based Chesapeake Employers’ Insurance Co.
AM Best’s long-term issuer credit rating for Chesapeake Employers’ Insurance remains a-minus.
AM Best said its credit ratings reflect Chesapeake’s balance sheet strength, which the rating agency categorizes as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The positive outlook reflects the continued strength of...
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