The financial strength rating on Employers Mutual Casualty Company, a member of EMC Insurance Cos., and its related pool members was lowered from ‘Api’ to ‘BBBpi’ by S&P. The other affected companies are: Emcasco Insurance Co., Illinois Insurance Co., Dakota Fire Insurance Co., The Hamilton Mutual Insurance Co. of Cincinnati, EMC Property & Casualty Insurance Co., and Union Insurance Co. of Providence. The lone exception was Farm and City Insurance Co., whose rating was affirmed at ‘BBBpi.
Was this article valuable?
Here are more articles you may enjoy.
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation From This Issue
