A.M. Best Revises Outlook to Negative for 5 Star Life Insurance Company
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A- and the issuer credit rating of“ a-” of 5 Star Life Insurance Company. 5 Star is a wholly-owned subsidiary of Armed Forces Benefit Association. A.M. Best notes that management has partially addressed operating losses through tempered sales growth within its…
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