Badger Mutual Insurance Company Downgraded by AM Best

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Insurance Journal - Oct 23, 2023

AM Best has downgraded the Financial Strength Rating to C++ (Marginal) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b+” (Marginal) from “bbb-” (Good) of Badger Mutual Insurance Company based in Milwaukee, Wi. The outlook of …...

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