AM Best lifts outlook for AmeriTrust companies

AM Best has revised its outlook for AmeriTrust group companies
from stable to positive and affirmed their financial strength
rating of B++.
The agency also affirmed the companies' long-term credit
rating of bbb+, reflecting AmeriTrust's "very strong"
balance sheet, AM Best said.
It said the positive outlook was a result of AmeriTrust's
new executive team and their efforts to improve underwriting
results and develop a sustainable business plan.
However, the agency warned that unfavourable operati