AM Best downgrades California Casualty credit ratings
AM Best has downgraded the long-term issuer credit ratings of California Casualty from “bbb+” to “bbb” and changed the outlook on its financial strength ratings from stable to negative as it pointed to a material decline in its capital base from sub-optimal underwriting and operating results.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below