A.M. Best Affirms Credit Ratings of Electric Insurance Company and Its Subsidiary

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Electric Insurance Company (Electric) (Beverly, MA) and its wholly owned subsidiary, Electric Insurance Ireland Designated Activity Company (EIIDAC) (Dublin, Ireland). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Electric’s balance sheet strength, which A.M. Best categorizes as strongest, as well as its adequate