OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb” to ICC Holdings, Inc. (ICC Holdings) [NASDAQ: ICCH] (Rock Island, IL), a recently formed publicly traded holding company for the demutualization of Illinois Casualty Company (Illinois Casualty) (Rock Island, IL). The outlook assigned to the Credit Rating (rating) is positive. ICC Holdings owns 100% of Illinois Casualty. In its initial public offering, the company closed at $35 million
