AM Best downgrades Brotherhood Mutual FSR to B++
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AM Best downgrades Brotherhood Mutual FSR to B++

The ratings agency cited erosion in the company’s surplus position, among other developments.

By Danielle Ling
April 11, 2024
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AM Best has downgraded the financial strength rating and the long-term ICR of Brotherhood Mutual Insurance Company to B++ from A- and to “bbb+” from “a-”, respectively.

This

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