A.M. Best Reaffirms Midland Sub’s ‘A+’ Rating

The Midland Co., a Cincinnati-based provider of specialty insurance products and services, reported that A.M. Best Co. recently reaffirmed the “A+” (superior) rating of its American Modern Insurance Group property/casualty subsidiaries, reflecting their superior capitalization, favorable operating profitability and niche strategy in providing insurance products for manufactured housing, specialty dwellings, financial services companies and motor sport products.

Best also indicated “a stable outlook” for the future for American Modern’s property and casualty companies.