In local news:

A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Stonetrust Commercial Insurance Company. According to A.M. Best, the ratings reflect Stonetrust’s balance sheet strength, which A.M. Best categorizes as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. Adverse reserve development in previous accident and calendar years had negatively impacted underwriting metrics in 2015.

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