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A.M. Best Upgrades Issuer Credit Rating for Great Plains Casualty, Inc.

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating (FSR) of B++ (Good) of Great Plains Casualty, Inc. (Great Plains) (Cedar Rapids, IA). The outlook for the ICR has been revised to stable from positive while the outlook for the FSR is stable. The ICR upgrade reflects Great Plains’ strong risk-adjusted capitalization, due to its conservative underwriting and investment leverage measures, as well as

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