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A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of
Lyndon Property Insurance Company (Lyndon Property) (St. Louis, MO). The outlook for both ratings is stable.
The ratings of Lyndon Property reflect its solid capitalization, the explicit and implicit support provided by its ultimate parent,
Protective Life Corporation (Protective) (headquartered in Birmingham, AL) [NYSE: PL] and the favorable underwriting results in its core business of vehicle extended service contracts (VSC).