AM Best Comments on Credit Ratings of National Teachers Associates Life Insurance Company and Its Subsidiary Following Acquisition Announcement

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term ICRs of “a-” of National Teachers Associates Life Insurance Company (headquartered in Addison, TX) and its subsidiary, NTA Life Insurance Company of New York (New York, NY) (collectively, referred to as NTA Life), are unchanged following the announcement of the sale of the companies to Horace Mann Educators Corporation (Horace Mann). The transaction, announced Dec. 10, 20