SOUTHFIELD, Mich., Jan. 27, 2017 /PRNewswire/ -- On December 2, 2016, Demotech, Inc. affirmed the Financial Stability Ratings® (FSRs) of A, Exceptional, earned by Meadowbrook Insurance Group, Inc.'s insurance subsidiaries. This level of FSR reflects the strong capital position of the insurance company subsidiaries and Demotech's view that regardless of the severity of a general economic downturn or deterioration in the insurance cycle, at least ninety-five percent of all insurers country-wide receiving FSRs of A are expected to have positive surplus as regards policyholders as of eighteen months from the initial date of rating assignment. For more information about Demotech, Inc. or FSRs visit www.demotech.com.
On January 26, 2017, A.M. Best affirmed the "B++ (Good)" Financial Strength Rating for the operating subsidiaries of Meadowbrook Insurance Group, Inc. with a Stable Outlook. The ratings reflect Meadowbrook's adequate capitalization and improved operating results since 2013. Since November 15, 2016, Meadowbrook's new executive team has taken aggressive steps to improve underwriting results and develop a sustainable long-term business plan.