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A.M. Best Revises Outlook to Positive for Agency Insurance Company of Maryland, Inc.

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlook to positive from stable and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Agency Insurance Company of Maryland, Inc. (AIC) (Hanover, MD). The revised outlook reflects AIC’s improved and supportive risk-adjusted capitalization, consistently favorable pre-tax operating income and conservative investment philosophy. AIC’s improved capital position is due to increased surplus combined

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