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-A.M. Best Assigns Credit Ratings to New Mexico Business Insurance Company and New Mexico Commercial Insurance Company

A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of 'a-' to New Mexico Business Insurance Company (NMBIC) and New Mexico Commercial Insurance Company (NMCIC), newly formed members of New Mexico Mutual Group (New Mexico Mutual Group).

The outlook assigned to these Credit Ratings (ratings) is stable. All companies are headquartered in Albuquerque, NM.

NMBIC and NMCIC are wholly owned subsidiaries of New Mexico Mut

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