AM Best Downgrades Credit Ratings of Members of Columbian Financial Group; Maintains Under Review With Negative Implications Status April 18, 2024 09:50 AM Eastern Daylight Time ...

AM Best has downgraded the Financial Strength Rating to B- from B and the Long-Term Issuer Credit Ratings to“ bb-” from“ bb+” of Columbian Mutual Life Insurance Company and Columbian Life ...

AM Best has downgraded the Financial Strength Rating to C (Weak) from C+ (Marginal) and the Long-Term Issuer Credit Ratings to “ccc” (Weak) from “b-” ...

AM Best will continue to monitor the transaction and financial strength of the company. This press release relates to Credit Ratings that have been published on AM Best’s website.