A.M. Best reviewing Midland subsidiaries' credit ratings

The announcement that Midland Co. will be acquired by a German firm has prompted a credit review by insurance rating agency A.M. Best Co... A.M. Best said Thursday it is placing the financial strength rating and issuer credit ratings of Midland subsidiary American Modern Insurance Group under review with negative implications. It also is reviewing the ratings of subsidiaries American Modern Life Insurance and Southern Pioneer Life Insurance Co. with developing implications.

BizJournals: A.M. Best reviewing Midland subsidiaries' credit ratings
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