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AM Best Revises Outlooks to Negative for SafePort Insurance Company

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of SafePort Insurance Company. Beginning in 2019, SafePort experienced a significant increase in direct premium written attributed to a new homeowners program written in South Carolina and Texas through. ....

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