The revised Long-Term ICR outlook is based on Ever-GreeneвЂ™s improved operating performance in recent years driven by consistently profitable underwriting results, enhanced by a steady flow of net investment income. The ratings of Ever-Greene reflect the companyвЂ™s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, very limited business profile and appropriate ERM. Prospective operating performance metrics are expected to remain in line with the personal property composite, primarily driven by sustained profitability of the groupвЂ™s niche farm programs despite the impact from weather-related events. The favorable turnaround is largely reflective of product and geographic expansion initiatives, improved results in the auto programs, enhanced pricing sophistication and continued profitable growth in Farm/Agriculture specialty business.

The revised outlooks are based on the groupвЂ™s improved operating performance in recent years. The ratings of ECM reflect the groupвЂ™s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). All companies are domiciled in Everett, PA. Concurrently, AM Best has revised the outlook to stable from negative for the Long-Term ICR and affirmed the FSR of B++ (Good) and the Long-Term ICR of 'bbb+' (Good) of Ever-Greene Mutual Insurance Company (Ever-Greene), an affiliate of Everett Cash Mutual. OLDWICK, N.J., August 31, 2021-( BUSINESS WIRE)- AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'a' (Excellent) of Everett Cash Mutual Insurance Company (Everett Cash Mutual) and 1 st Choice Advantage Insurance Company, Inc., which are the members of ECM Insurance Group (ECM).

Ecm insurance