The reaffirmation of this rating recognizes our accomplishment of several key initiatives over the past year and our continued commitment to our policyholders
LIVONIA, Mich. (PRWEB) July 20, 2006
A.M. Best has again assigned a financial strength rating of B+ (very good) to American Community Mutual Insurance Company, a leading provider of individual and group health insurance. The Best Rating is a nationally recognized, independent third-party opinion, based on a comprehensive evaluation of a company’s balance sheet strength, operating performance and business profile.
According to A.M. Best, the rating reflects “the continued positive operating results the company has generated over the past five years, its continued surplus growth, and the numerous strategic initiatives the company continues to implement to improve its future operating results.” The company’s surplus is in excess of $121 million.
"The reaffirmation of this rating recognizes our accomplishment of several key initiatives over the past year and our continued commitment to our policyholders,” said American Community President & CEO Gerald Meach. "This secure rating will help us as we continue our trajectory of sustained, profitable growth as a secure and reliable market leader.”
About American Community
With beginnings dating back to 1938, American Community Mutual Insurance Company is one of the oldest health insurance companies in the nation. Based in Livonia, Michigan, American Community markets individual and group health insurance products in eight states through an agency force of over 6,000. For more information, visit http://www.american-community.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.