A.M. Best Downgrades Wisconsin County Mutual's Ratings

Community Insurance Corp.'s poor experience in workers' compensation contributed to a downgrade of its ratings and the ratings of its parent company, Wisconsin County Mutual Insurance Co., A.M. Best said Tuesday.The ratings house announced it has downgraded the financial strength rating of Wisconsin County to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-." The outlook for these ratings is negative.Concurrently, A.M. Best has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Community Insur...