AM Best Affirms Credit Ratings of The National Security Group, Inc. and Its Subsidiaries
OLDWICK, N.J.,--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of National Security Fire and Casualty Company (NSFC). In addition, AM Best has affirmed the FSR of B+ (Good) and Long-Term ICR of “bbb-” of NSFC’s wholly owned subsidiary, Omega One Insurance Company, Inc. (Omega). AM Best also has affirmed the FSR of B++ (Good) and Long-Term ICR of “bbb” of NSFC’s affiliated life/health insurer, National Security Insurance Company (NSIC). Concurrently, AM Best has affirmed the Long-Term ICR of “bb” of The National Security Group, Inc. (NSGI) (Wilmington, DE) [NASDAQ: NSEC], the parent holding company. The outlook of these Credit Ratings (ratings) remains stable. All companies are domiciled in Elba, AL, unless otherwise specified.