Meadowbrook Insurance Group Inc., the insurer that had its rating cut this month by A.M. Best, said it received a waiver from lenders after violating two financial covenants.
The waiver is effective until Sept. 20 and allows the company to pay its scheduled common-stock dividend next week, the Southfield, Michigan-based company said today in a statement distributed by PR Newswire.
Editor: Steven Crabill
Copyright 2026 Bloomberg.
Was this article valuable?
Here are more articles you may enjoy.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
