A.M. Best Revises Outlooks to Stable for Agency Insurance Company of Maryland, Inc.

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Agency Insurance Company of Maryland, Inc. (AIC) (Hanover, MD). The ratings reflect AIC’s balance sheet strength, which A.M. Best categorizes as adequate, as well as its strong operating performance, limited business profile, and appropriate enterprise risk management (ERM). The revision in the out