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AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of The Gray Casualty & Surety Company

Jun 10, 2021 - Business Wire

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of The Gray Casualty & Surety Company (GCSC) (Metairie, LA). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings reflect GCSC's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate en...