TRUE (Trusted Resource Underwriters Exchange) Financial rating

AM Best downgrades TRUE to B++ and withdraws rating

AM Best cut TRUE from A- to B++ after Gallatin Point took control of its attorney in fact. American Family's capital support had ended. AM Best then withdrew the rating at TRUE's request. Demotech later gave an A.

Source

AM Best press release, February 14, 2024; The Insurer on the Demotech A

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