OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best commented that the Credit Ratings (ratings) of International Fidelity Insurance Company (Newark, NJ), and its subsidiary, Allegheny Casualty Company (collectively referred to as IFIC Group) remain unchanged following the recently announced sale of the parent holding company, IFIC Surety Group, Inc. (IFIC). On April 3, 2018, IFIC entered into a definitive agreement to be acquired by IAT Reinsurance Company Ltd. (IAT Re) (Cayman Islands) for an undisclose
