AM Best Revises Outlooks to Negative for Florida Family Insurance Company and Its Subsidiary

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Florida Family Insurance Company (FFIC) and its subsidiary, Florida Family Home Insurance Company (FFHIC), which together make up the two pool members of Florida Family Group (Florida Family). Both companies are domiciled in Bonita Springs, FL. The ratings reflect Florida Family’s balance sheet str