OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has downgraded the Financial Strength Rating (FSR) to C+ (Marginal) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b-” from “bbb-” of American Independent Companies pool (AIC) (Conshohocken, PA). The outlook of these Credit Ratings (ratings) remains negative. (See below for a detailed listing of the pool members). Concurrently, A.M. Best has withdrawn the ratings as the group’s management has requested to no longer participate