GuideOne seeking capital and surplus augmentation, with merger or affiliation likely
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GuideOne seeking capital and surplus augmentation, with merger or affiliation likely

Guideone insurance logo glass reflection people.jpg

Insurer GuideOne’s board has taken action to augment its capital and surplus, likely in the form of an affiliation or merger, the company announced on Friday.

Shortly after GuideOne’s news release, credit rating agency AM Best said it had placed GuideOne’s financial strength rating of A- (excellent) and long-term issuer credit rating of a- (excellent) under review with negative implications.

The

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