OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+” of Modern Woodmen of America (Modern Woodmen) (Rock Island, IL). The outlook of the FSR remains stable. The Credit Ratings (ratings) reflect Modern Woodmen’s balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating perfor
