OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to “bbb-” from “bbb+” of Florists' Insurance Company and Florists' Mutual Insurance Company, collectively referred to as Florists’ Mutual Group (Florists’). The ratings have been placed under review with negative implications. Both companies are domiciled in Edwardsville, IL. The rating downgrades primarily reflect Florists’ continued weak operating in
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