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Enact Holdings announced that Fitch Ratings upgraded the insurance financial strength rating for its flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A from A-. Fitch also upgraded Enact’s senior debt rating to BBB from BBB-. The outlook for both ratings is stable.
Rural Mutual Insurance Company and Badger Mutual Insurance Company, with a combined 227 years of providing farm, commercial and personal policies, have finalized their affiliation agreement based on regulatory approval from the Wisconsin Office of the Commissioner of Insurance as of Jan. 1.
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