Golden Bear in California Upgraded to A.M. Best A- VII Rating

Stockton, Calif.-based Golden Bear Insurance Co. announced that its A.M. Best issuer credit rating has been upgraded from “A- VI” to “A- VII” (Excellent).

“Our rating reaffirms the deep level of experience among the Golden Bear team in underwriting property and casualty risks,” Rupert Hall, president of Golden Bear, said in a statement. “Our business has evolved prudently over the years because of our dedication to enterprise risk management.”

Golden Bear is a commercial and residential property insurance provider.