OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “a-” of Crusader Insurance Company (Crusader). The outlook of the FSR has been revised to stable from negative while the outlook of the Long-Term ICR remains negative. Concurrently, AM Best has downgraded the Long-Term ICR to “bb+” from “bbb-” of Crusader’s parent company, Unico American Corporation (Un
