AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb+” (Good) and affirmed the Financial Strength Rating of B++ (Good) of Standard Casualty Company (Standard Casualty) (New Braunfels, TX). The outlook of the Long-Term ICR has been revised to stable from negative, while the outlook of the FSR is stable.
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