AM Best revises outlook for James River to negative
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AM Best revises outlook for James River to negative

John Hewitt Jones
March 04, 2021
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James River logo richmond VA jt v2.jpg

AM Best has revised its outlook for James River to negative from stable, following the carrier’s announcement of adverse reserve development during the fourth quarter of 2020.

Alongside the change, the ratings agency on Thursday also affirmed the carrier’s current financial strength rating of A and long-term issuer credit rating (ICR) of a.

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