A.M. Best Affirms The Ratings Of A (Excellent) For The MEMIC Group

A.M. Best Affirms The Ratings Of A (Excellent) For The MEMIC Group

Portland, ME (CompNewsNetwork) - The MEMIC Group has announced it has earned affirmation of its A (Excellent) rating from A.M. Best, the insurance industry's most respected rating organization.

Through its annual analysis, A.M. Best judged the MEMIC Group, as well as its individual members, Maine Employers' Mutual Insurance Company (MEMIC) and MEMIC Indemnity Company, as A (Excellent). According to Best, its rating reflects the group's strong capitalization, historically favorable operating performance as well as its market position in Maine. In addition, the rating also is an acknowledgement of the group's experienced management team, its conservative operating philosophy and the company's excellent reputation … read more