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Article: A.M. Best Affirms Ratings of ACMAT Corp. and ACSTAR Insurance Company.
- Article from:
- Health & Beauty Close-Up
- Article date:
- June 1, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb+" of ACMAT Corp. (ACMAT) (New Britain, CT) [Pink Sheets: ACMTA].
A.M. Best also has affirmed the financial strength rating of A (Excellent) and the ICR of "a+" of ACMAT's wholly owned subsidiary, ACSTAR Insurance Company (ACSTAR) (Chicago, IL.). The outlook for all ratings is stable.
The rating affirmations reflect ACSTAR's strong capital position, historically strong operating ...