OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the financial strength rating (FSR) to B+ (Good) from B (Fair) and the issuer credit rating (ICR) to “bbb-” from “bb+” of Nationwide Insurance Company of Florida (NICOF) (Columbus, OH). The outlook for both ratings has been revised to stable from positive. The ratings and outlook for NICOF reflect its solid risk-adjusted capitalization and improved and profitable operating performance in recent years. Through numerous risk management initia
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