PMA Companies is pleased to announce that the AM Best Financial Strength Rating of its statutory insurance companies has been upgraded to A+ (Superior) from A (Excellent).
In addition, the companies’ Long-Term Issuer Credit Rating has been raised to "aa-" with a stable outlook.
“We are excited about this achievement as it further strengthens our financial position and enhances our credibility in the large account marketplace,” said John Santulli, President and CEO, PMA Companies. “I would like to thank our clients, brokers and agents for their business and confidence in our organization.”