AM Best Places Review of Credit Ratings of National Security Group, Inc. and Its Subsidiaries and Impact Following Acquisition Announcement – QNT Press Release

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the best A financial strength rating (FSR) of B++ (good) and a long-term issuer credit rating (Long-Term ICR) of ‘bbb’ (good) by the National Security Fire and Casualty Corporation (NSFC) have been reviewed with impact. AM Best also reviewed the B++ (good) FSR and ‘bbb’ (good) long-term ICR of NSFC’s affiliated life/health insurer, National Security Insurance Company (NSIC), and suggested developmental implications. In addition, AM Best also reviewed the FSR of B+ (Good) and the long-term ICR of “bbb-” (Good) of Omega One Insurance Company (Omega), a wholly-owned subsidiary of the Natural Science Foundation, with developmental implications. At the same time, AM Best has issued a statement to The National Security Group, Inc. (Wilmington, DE) (NASDAQ:National Securities and Exchange Commission), the parent company holding company. All companies are registered in Elba,…

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