A.M. Best Co. announced that it has withdrawn the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of the New Zealand-based Accident Compensation Corporation (ACC) and assigned an NR-4 (Company Request) rating.
Best indicated that ACC’s management’s had requested that the Company be removed from its interactive rating process.
Was this article valuable?
Here are more articles you may enjoy.
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case 
Elon Musk Alone Can’t Explain Tesla’s Owner Exodus 
Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo 
Founder of Auto Parts Maker Charged With Fraud That Wiped Out Billions 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.