A.M. Best Affirms Credit Ratings of Park Assurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Park Assurance Company (Park) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Park’s balance sheet strength, which A.M. Best categorizes as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The ratings acknowledge Park’s sophi