A.M. Best Withdraws Ratings of American Standard Insurance Company Following Its Merger Into The American Insurance Company

OLDWICK, N.J.--()--A.M. Best Co. has withdrawn the financial strength rating of A (Excellent) and issuer credit rating of “a+” of American Standard Insurance Company (ASIC) (Dallas, TX) following its merger into its affiliate, The American Insurance Company (AIC) (Columbus, OH). This transaction closed on September 30, 2012, at which time all assets and liabilities of ASIC were merged into AIC.

The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2012 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best Company
Adrienne Tortoriello, 908-439-2200, ext. 5088
Senior Financial Analyst
adrienne.tortoriello@ambest.com
or
Jennifer Marshall, 908-439-2200, ext. 5327
Managing Senior Financial Analyst
jennifer.marshall@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
rachelle.morrow@ambest.com
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com

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Contacts

A.M. Best Company
Adrienne Tortoriello, 908-439-2200, ext. 5088
Senior Financial Analyst
adrienne.tortoriello@ambest.com
or
Jennifer Marshall, 908-439-2200, ext. 5327
Managing Senior Financial Analyst
jennifer.marshall@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
rachelle.morrow@ambest.com
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com