AM Best Withdraws Credit Ratings of Civil Service Employees Insurance Company and CSE Safeguard Insurance Company
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bb” (Fair) from “bbb-” (Good) of Civil Service Employees Insurance Company and CSE Safeguard Insurance Company, which together comprise CSE Insurance Group (CSE Group) (Walnut Creek, CA).
- AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bb” (Fair) from “bbb-” (Good) of Civil Service Employees Insurance Company and CSE Safeguard Insurance Company, which together comprise CSE Insurance Group (CSE Group) (Walnut Creek, CA).
- Concurrently, AM Best has withdrawn the ratings as CSE Group has requested to no longer participate in AM Best’s interactive rating process.
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