Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for AmFam Holdings Inc. > News item |
Moody’s turns AmFam view to negative
Moody’s Investors Service said it affirmed AmFam Holdings, Inc.’s Baa1 senior unsecured note rating but changed its outlook for the issuer and its parent American Family Insurance Mutual Holding Co. to negative from stable.
“The rating outlook for American Family was changed to negative from stable reflecting weak underwriting results in the company's personal auto insurance business where insurers have faced fast-rising loss costs over the past couple of years,” Moody’s said in a press release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.