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Stock impact report

AM Best Affirms Credit Ratings of Core Members of Ohio Mutual Insurance Group; Assigns Credit Ratings to United Mutual Insurance Company [Yahoo! Finance]

United Fire Group, Inc (UFCS) 
US:NASDAQ Investor Relations: ir.ufginsurance.com
Company Research Source: Yahoo! Finance
A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a+" (Excellent) of the core members of Ohio Mutual Insurance Group (OMIG). The outlook of the FSR is stable, while the outlook of the Long-Term ICRs is negative. Concurrently, AM Best has assigned an FSR of A (Excellent) and a Long-Term ICR of "a+" (Excellent) to United Mutual Insurance Company (United). The outlook assigned to the FSR is stable, while the outlook assigned to the Long-Term ICR is negative. United is a newly acquired subsidiary of Ohio Mutual Insurance Company. These companies are collectively referred to as Ohio Mutual Insurance Group and domiciled in (Bucyrus, OH). See below for detailed listing of these companies and Credit Ratings (ratings). The ratings reflect OMIG's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The negative outlooks of OMIG's Long-Term ICRs c Show less Read more
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