MERCER INSURANCE GRP INC
SymbolMIGP

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A.M. Best Revises Outlook to Negative from Stable for Mercer Insurance Group and Its Members

2009-06-18 14:30 ET - News Release


Company Website: http://www.ambest.com
OLDWICK, N.J. -- (Business Wire)

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Mercer Insurance Group (Mercer) (Pennington, NJ). The ratings apply to the following four inter-company reinsurance pool members: Mercer Insurance Company (Lock Haven, PA), Mercer Insurance Company of New Jersey, Inc. (Pennington, NJ), Franklin Insurance Company (Lock Haven, PA) and Financial Pacific Insurance Company (FPIC) (Rocklin, CA). Concurrently, A.M. Best has revised the outlook to negative from stable and affirmed the ICR “bbb” of Mercer Insurance Group, Inc (Mercer, Inc.)(headquartered in New Jersey).

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