Texas Mutual's Outlook Upgraded to Positive by A.M. Best

A.M. Best has revised its outlook to positive from stable for its long-term issuer credit rating for Texas Mutual Insurance Co. At the same time, A.M. Best affirmed Texas Mutual’s long-term issuer credit rating of “a” and financial strength rating of A, or excellent. The outlook for the financial strength rating remains stable. The ratings reflect Texas Mutual’s balance sheet strength, strong operating performance, limited business profile and appropriate enterprise risk management, A.M. Best said. The upgrade to the outlook for long-term issuer credit rating reflect...