State National retains its AM Best A rating

Markel's $919mn deal to acquire State National has not changed
the target company's financial strength rating of A from AM
Best, which has been reaffirmed by the ratings agency with a stable
outlook.
The long-term issuer credit rating for the company also remains
unchanged at bbb, AM Best has said. The outlook on the issuer
credit ratings is still positive as well.
The deal, announced earlier today by the companies, is scheduled
to close in the fourth quarter....