fremont michigan News

Ratings Roundup: National Group, Fremont Michigan

A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘E’ (Under Regulatory Supervision) from ‘D’ (Poor) and issuer credit rating (ICR) to “rs” from “c” of Florida-based National Group Insurance Company (NGIC), a wholly owned, 100 percent reinsured …

Fremont Michigan Shareholders Approve Auto Club Merger

Shareholders of Fremont Michigan InsuraCorp Inc. have approved the previously announced merger agreement with Auto Club Insurance Association. Based upon the preliminary tally of shares voted at the special meeting of shareholders, 1,358,246, or 76.1 percent, of the outstanding voting …