The downgrade affects not only The Andover Companies but its subsidiaries the Merrimack Mutual Fire Insurance Company, Bay State Insurance Company, as well as its affiliate, Cambridge Mutual Fire Insurance Company.
MA Insurer Ratings
AM Best Reaffirms Rating For The MEMIC Group
January 25, 2015 – AM Best issued the results of its annual review of the super-regional workers’ compensation insurer earlier this month.
Hanover keeps ‘A’ Rating
June 8, 2014 – The Worcester-based insurer turned 162 this year.
A.M. Best Upgrades Safety’s Issuer Credit Rating
March 30, 2014 – The Safety Insurance Group is domiciled in Boston and is a leading writer of personal automobile insurance in Massachusetts.