A.M. Best Revises Outlooks to Positive for Northern Mutual Insurance Company (MI)

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Northern Mutual Insurance Company (MI) (NMIC) (Hancock, MI). The ratings reflect NMIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The revis