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Vermont Mutual Insurance issuer credit rating yesteryear A.M. Best

best insurance stock - Vermont Mutual Insurance issuer credit rating past times A.M. Best : A. M. Best Co. said it has upgraded the issuer credit rating (ICR) to “a+” from “a” in addition to affirmed the fiscal forcefulness rating of Influenza A virus subtype H5N1 (Excellent) of Vermont Mutual Insurance Company in addition to its 2 fully reinsured subsidiaries, Northern Security Insurance Company in addition to Granite Mutual Insurance Company.

These companies are members of Vermont Mutual Insurance Group in addition to are all domiciled inwards Montpelier, Vermont. The outlook for all rating is stable.

The ICR upgrade reflects Vermont Mutual’s favorable underwriting in addition to operating results. In addition, Vermont Mutual continues to keep solid risk-adjusted capitalization, a good established marketplace presence inwards the New England states in addition to cognition of local insurance issues.

Chartered inwards 1828, the Vermont Mutual Insurance Company is ane of the 10 oldest usual property/casualty insurers inwards the United States. The Vermont Mutual Insurance Group provides coverage throughout New England in addition to New York.

Through to a greater extent than than 400 independent agencies, Vermont Mutual insures unopen to 275,000 policyholders amongst a straight written premium of to a greater extent than than $300,000,000.

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