Stockton, Calif.-based Golden Bear Insurance Co. announced that its A.M. Best issuer credit rating has been upgraded from “A- VI” to “A- VII” (Excellent).
“Our rating reaffirms the deep level of experience among the Golden Bear team in underwriting property and casualty risks,” Rupert Hall, president of Golden Bear, said in a statement. “Our business has evolved prudently over the years because of our dedication to enterprise risk management.”
Golden Bear is a commercial and residential property insurance provider.
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