OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to "bbb+" from "a-" of Sutter Insurance Company (Sutter) (Petaluma, CA). The outlook for both ratings has been revised to stable from negative. The rating downgrades primarily reflect Sutter’s volatile operating results due to a continuing unfavorable underwriting performance trend over the past five years and through the first three quarters of 2
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