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A.M. Best Takes Various Ratings Actions on Subsidiaries of National General Holdings Corp.

July 11, 2014

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Besthas removed from under review with positive implications and upgraded the financial strength rating (FSR) to A- (Excellent) from B+ (Good) and the issuer credit rating (ICR) to “a-” from “bbb-” of Imperial Fire and Casualty Company(Opelousas, LA). Concurrently, A.M. Best has assigned an FSR of A- (Excellent) and an ICR of “a-” to National Automotive Insurance Company(Metarie, LA).The outlook assigned to all ratings is stable.

These rating actions follow closure of the companies’ acquisition by National General Holdings Corp. (National General)and the explicit support provided by one of its subsidiaries, Integon National Insurance Company, in the form of an intercompany reinsurance pooling agreement that was executed following regulatory approval. All remaining ratings of National General and its subsidiaries are unchanged. (Click here to see press release.)

The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit

Copyright © 2014 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.

A.M. Best Company

Brian O’Larte,908-439-2200, ext. 5138

Senior Financial Analyst



Michael Lagomarsino, CFA,908-439-2200, ext. 5810

Assistant Vice President


Chris Sharkey, 908-439-2200, ext. 5159

Manager, Public Relations


Jim Peavy, 908-439-2200, ext. 5644

Assistant Vice President, Public Relations

Source: A.M. Best Company

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Source: Business Wire

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