A.M. Best Downgrades Ratings of Lumbermen’s Underwriting Alliance
A.M. Best has downgraded the financial strength rating to E from B+ and the issuer credit rating to“ rs” from“ bbb-” of Lumbermen’ s Underwriting Alliance. The management company/attorney-in-fact for LUA, U.S. Epperson Underwriting Company, is located in Boca Raton, FL.. LUA’ s $22.5 million deficit position, as stated in its recently filed year-end 2014 statutory…
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