AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Madison National Life Insurance Company, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Madison National Life Insurance Company, Inc. (Madison National) (Madison, WI). This Credit Rating (rating) action follows the announcement that Independence Holding Company (IHC) and its wholly owned subsidiary, Independence Capital Corp. (ICC), have agreed to sell all of the
AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Madison National Life Insurance Company, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Madison National Life Insurance Company, Inc. (Madison National) (Madison, WI). This Credit Rating (rating) action follows the announcement that Independence Holding Company (IHC) and its wholly owned subsidiary, Independence Capital Corp. (ICC), have agreed to sell all of the