NewsColony

NewsColony AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries – Insurance News Net Business Wire OLDWICK, N.J.–(BUSINESS WIRE)– AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of National Life Insurance Company (NLIC) (Montpelier, VT) and its wholly owned subsidiary, Life Insurance Company of the Southwest (Addison, TX). Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “a-” on the surplus notes of NLIC. Both companies are life insurance subsidiaries of NLV Financial Corporation (NLVF) (headquartered in Montpelier, VT), which is the intermediate holding company in the organization’s mutual holding company structure, and are collectively known as National Life Group. AM Best has also affirmed the Long-Term ICR and the Long-Term IRs of “bbb+” of NLVF. The outlook of these Credit Ratings remains positive. (See below f...