A.M. Best Affirms Credit Ratings of First Acceptance Corporation and Its Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “b” for the subsidiaries of First Acceptance Corporation (collectively referred to as First Acceptance Group) (Delaware) (NYSE:FAC). (See below for a detailed list of companies). Concurrently, A.M. Best has affirmed the Long-Term ICR of “cc” of First Acceptance Corporation. The outlooks of these Credit Ratings (ratings) remain neg