OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-“ of TransAm Assurance Company (TransAm) (Phoenix, AZ), a subsidiary of Trans World Assurance Company (TWA). The outlook for both ratings is stable. Concurrently, A.M. Best has withdrawn the ratings of TransAm in response to the company’s request to no longer have this entity participate in A.M. Best’s interactive rating process. The affirmation of the ratings r
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