IL Construction Pool Gets AM Best A- Rating

A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to The Risk Management Association of the Residential Construction Employers Council (RMA/RCEC) (Oak Brook, IL). The rating outlook is stable. This rating reflects RMA/RCEC's solid risk-adjusted capitalization, stable and sound operating performance and prudent reinsurance program. In addition to ensuring adequate cash flow and charging premium rates commensurate with the provided coverage, management is committed to a strict and comprehensive underwriting and loss control program. The RMA/RCEC was establi...