A.M. Best Withdraws Credit Ratings of Housing and Redevelopment Insurance Exchange

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of the Housing and Redevelopment Insurance Exchange (HARIE) (Scranton, PA). The outlook of these Credit Ratings (ratings) remains stable. Concurrently, A.M. Best has withdrawn the ratings at the company’s request to no longer participate in A.M. Best’s interactive rating process. The ratings reflect HARIE’s adequate capitalization, high member retent