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Article: A.M. Best Removes From Under Review and Downgrades Ratings of Fidelity National Financial, Inc. and Its Title Insurance Subsidiaries.
- Article from:
- Health & Beauty Close-Up
- Article date:
- June 4, 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 removed from under review with negative implications and downgraded the financial strength rating (FSR) to A- (Excellent) from A (Excellent) and issuer credit ratings (ICR) to "a-" from "a" of Fidelity National Financial Group (Fidelity) and its eight title insurance members.
In addition, A.M. Best has removed from under review with negative implications and downgraded the ICR to "bbb-" from "bbb" of Fidelity National Financial, Inc. (FNF) (headquartered in Jacksonville, FL) [NYSE: FNF]. A negative outlook has been assigned to all of the ratings. (Please see below for a detailed listing of the companies and ratings.)
The ratings of FNF ...