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A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of
Harleysville-Atlantic Insurance Company (Harleysville-Atlantic) (Atlanta, GA) and
Harleysville Insurance Company of Ohio (Harleysville Ohio) (Columbus, OH), following their December 31, 2011 merger with and into
Harleysville Worcester Insurance Company (Harleysville Worcester).
These rating actions follow A.M. Best’s confirmation that both Harleysville-Atlantic and Harleysville Ohio have been merged into Harleysville Worcester, a subsidiary of
Harleysville Group, Inc. (HGIC) (NASDAQ: HGIC). Subsequent to the merger, the surviving entity, Harleysville Worcester, assumed the respective pooling percentage of the merged companies. The operations of Harleysville Worcester remain unchanged post merger with no impact to policyholders. All companies are headquartered in Harleysville, PA, unless otherwise specified.