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Best Affirms Positive Ratings for Donegal Pool Companies

Thursday, May 13, 2004 | 0

A.M. Best Co. has affirmed the financial strength rating of 'A' for the Donegal Insurance Pool. A.M. Best has also affirmed the financial strength rating of 'A' of the Peninsula Insurance Group. The financial strength rating of 'B+' of Le Mars Insurance Company is not included in the Pool's rating, and A.M. Best expects to reevaluate the rating of Le Mars within the next thirty days. The outlook for all ratings is stable. The ratings of the Pool reflect its excellent capitalization and strong underwriting performance, as well as management's conservative operating philosophy, which is ev...

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