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Founders Ins. Co. Downgraded by Best
Bulletin – Friday, September 27, 2013
On September 25, 2013, A.M. Best Co. downgraded the financial strength rating of Founders Insurance Company from A-to B++ with a stable outlook. The reason for the change in rating is because the company has not made earnings in a number of years. Their parent company, Utica National will still be rated at A- or "Excellent". Click here to read the email from from Founders Insurance Company.