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A.M. Best Assigns Ratings to ProAssurance American Mutual, a Risk Retention Group

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a financial strength rating of A+ (Superior) and an issuer credit rating of “aa-” to ProAssurance American Mutual, a Risk Retention Group (ProAssurance RRG) (District of Columbia). The outlook assigned to both ratings is stable. These ratings recognize the implementation of a quota share reinsurance agreement between ProAssurance RRG and ProAssurance Indemnity Company, Inc. (ProAssurance Indemnity), one of the lead companies of ProAssurance

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