A.M. Best Affirms Credit Ratings of The American Road Insurance 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 The American Road Insurance Company (TARIC) (Dearborn, MI). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TARIC’s excellent capitalization level, history of positive operating performance, conservative reserving practices and effective exposure management. Over the past five years, the company’s after-tax five-year