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AM Best Revises Issuer Credit Rating Outlook to Negative for PEMCO Mutual Insurance Company

OLDWICK, N.J., February 22, 2024 AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term ICR of "bbb+" (Good) of PEMCO Mutual Insurance Company (PEMCO) (Seattle, WA). The outlook of the FSR is stable. ....

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