|[June 11, 2014]
A.M. Best Withdraws Ratings of First Jersey Casualty Insurance Company, Inc.
OLDWICK, N.J. --(Business Wire)--
A.M. Best has affirmed the financial strength rating of B- (Fair)
and the issuer credit rating of "bb-" of First Jersey
Casualty Insurance Company, Inc. (Clifton, NJ). The outlook for both
ratings is negative. Subsequently, A.M. Best has withdrawn the ratings
due to management's request to no longer participate in A.M. Best's
interactive rating process.
The methodology used in determining these ratings is Best's Credit
Rating Methodology, which provides a comprehensive explanation of A.M.
Best's raing process and contains the different rating criteria
employed in the rating process. Best's Credit Rating Methodology can be
found at www.ambest.com/ratings/methodology.
A.M. Best Company is the world's oldest and most authoritative
insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS
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