AM Best Downgrades Credit Ratings of American Sentinel Insurance Company; Maintains Under Review With Developing Implications Status
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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” from “bbb” of American Sentinel Insurance Company (American Sentinel) (Harrisburg, PA). These Credit Ratings (ratings) remain under review with developing implications. The ratings reflect American Sentinel’s balance sheet strength, which AM Best categorizes as adequate, as well as its adequate operating performance, limited business
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