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All Press Releases for May 9, 2007 Subscribe to this News Feed    Subscribe to this Podcast Feed
 

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American Community Maintains A.M. Best Rating of B+

A.M. Best Company has reaffirmed American Community Mutual Insurance Company’s B+ financial rating, as of May 3, 2007.

Livonia, MI (PRWEB) May 9, 2007 -- A. M. Best Company has reaffirmed American Community Mutual Insurance Company’s B+ financial rating, as of May 3, 2007. 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. American Community is a leading provider of individual and group health insurance and markets products in eight states through an agency force of 6,000 independent agents.

According to A.M. Best, "The rating assignment of American Community reflects its generally favorable operating results, a favorable risk-adjusted surplus position maintained, and corrective actions implemented to improve future operating results." The company’s surplus is in excess of $106 million.

"The reaffirmation of American Community’s B+ rating from A.M. Best is a reflection of our ability to execute the fundamentals of our business — offering quality products, competitive pricing and excellent service," said Michael Tobin, President and CEO. "This secure rating will support our efforts to develop new products, tools and services to meet the needs of an ever-changing marketplace."

For the latest rating, access www.ambest.com.

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 www.american-community.com.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.

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CONTACT INFORMATION
Ellen Downey
American Community Mutual Insurance Company
734-591-4694
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