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A.M. Best Revises Issuer Credit Rating Outlook to Positive for SPJST

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the issuer credit rating (ICR) outlook to positive from stable and affirmed the financial strength rating (FSR) of B (Fair) and the ICR of “bb” of SPJST (Temple, TX). The outlook for the FSR remains stable. The positive outlook reflects increasing risk-adjusted capitalization, a return to positive earnings, improvements in SPJST’s business mix and enhancements to the nascent enterprise risk management (ERM) program. Continued increases in un

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