MONTPELIER — Union Mutual announced AM Best has upgraded the rating of Union Mutual of Vermont Companies to “A” (Excellent) with Stable Outlook. The Union Mutual of Vermont Companies consist of Union Mutual Fire Insurance Co. and its wholly owned subsidiary, New England Guaranty Insurance Co. Inc., as well as its mutual affiliate, Community Mutual Insurance Co.

According to AM Best, the ratings indicate consistent profitable operating performance and “reflect Union Mutual’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.”

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