NiSource Insurance Rated A- by A.M. Best

A.M. Best has assigned a financial strength rating of A-, and a long-term issuer credit rating of “a-”, to NiSource Insurance Corp. Inc. The outlook assigned to the credit ratings is stable. NICI is a single-parent captive insurer owned by NiSource, an electric and natural gas utility company. NICI accepts insurance risks from NiSource and its affiliates, providing property, workers’ compensation, general and automobile liability, long-term disability and group life insurance. NICI's ratings reflect its strong risk-adjusted capitalization, history of cons...