Consumers Insurance ratings upped

Analysts at credit ratings group A.M. Best have upgraded their opinion of Consumers Insurance USA, the Murfreesboro company that last year sold to Ohio-based Motorists Mutual. The analysts note that Motorists has invested $10 million to shore up Consumers' capital base: "This capital contribution has provided Consumers with a substantial cushion against operating losses, which the company has reported in recent quarters due to deterioration in underwriting results."

Jan 12, 2015 8:46 AM

Murfreesboro insurer selling to Ohio conglomerate

Pending approvals, local company will become 11th entity under Motorists umbrella
May 12, 2014 1:17 PM