AM Best Places Credit Ratings of Pillar Life Insurance Company Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Pillar Life Insurance Company (Pillar) (Harrisburg, PA). The Credit Ratings (ratings) of Pillar have been placed under review with developing implications following a change in its strategic vision. The new controlling owner is evaluating a different business plan. The new business plan will consider se