A.M. Best Co. commented that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of National Interstate Group and its members and the ICR of “bbb+” of the group’s publicly traded parent, National Interstate Corporation are unchanged.
The decision follows the announcement that National Interstate Insurance Company (NIIC), has entered into a definitive agreement to acquire Vanliner Group, Inc., and its wholly-owned P/C subsidiary, Vanliner Insurance Company from UniGroup, Inc. [See IJ web site -
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