|
|
Article: A.M. Best Places Ratings for APCapital Group and American Compensation Insurance Under Review.
- Article from:
- Business Wire
- Article date:
- November 15, 2001
CopyrightCOPYRIGHT 2001 Business Wire. 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)
|
Business Editors
OLDWICK, N.J.--(BUSINESS WIRE)--Nov. 15, 2001
A.M. Best Co. has placed the financial strength rating of A- (Excellent) for APCapital Group, Lansing Michigan, a subsidiary of American Physicians Capital, Inc. (Nasdaq: ACAP), under review with developing implications.
A.M. Best has also placed the financial strength rating of B+ (Very Good) for American Compensation Insurance Company, Bloomington, Minnesota, a subsidiary of RTW, Inc. (Nasdaq: RTWI), under review with developing implications. These actions follow Friday's earnings announcement by APCapital in which it announced that it has entered into a letter of intent to ...