A.M. Best Co. has affirmed the A- (Excellent) rating of Meadowbrook Insurance Group and its subsidiaries and removed it from under review with negative implications. The agency still has assigned a negative outlook to all the insurer’s ratings.A.M. Best said the negative outlook reflects the execution risk in Meadowbrook meeting its business plans in the near term, adding that it will continue to watch recent adverse loss experience on the newer programs on the insurer’s overall operating performance, in particular its workers’ compensation business.A.M. Best’s action i...
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