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A.M. Best Affirms Ratings of Sooner Insurance Company

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sooner Insurance Company (Sooner) (Burlington, VT). The outlook for both ratings is stable. The ratings reflect Sooner’s excellent capitalization, history of consistent operating profitability driven by favorable underwriting results, conservative reserve levels and the position it holds as the captive insurer for its ultimate parent, ConocoPhillips [NYSE:

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