Best Withdraws NZ’s Accident Compensation Corp. Rating
A.M. Best Co. announced that it has withdrawn the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of the New Zealand-based Accident Compensation Corporation (ACC) and assigned an NR-4 (Company Request) rating.
Best indicated that ACC’s management’s had requested that the Company be removed from its interactive rating process.
Popular Today
- Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
- Apollo Accused in Lawsuit of Illegal Human Life Wagering Scheme
Popular This Month