Forge Insurance earns A- rating from A.M. Best

A.M. Best has upgraded the Financial Strength Rating of Forge Insurance  from B++ to A- and its Long-Term Issuer Credit Rating from “bbb+” to “a-”. Both ratings now carry a stable outlook. The move reflects improvements in Forge’s balance sheet and the execution of its long-term strategy.

Forge, a commercial auto insurance specialist serving small business operators in select U.S. markets, is a wholly owned subsidiary of Forge Group, Inc. (OTC Pink: FIGP). The company had previously held a positive outlook on its B++ rating, which has now been replaced with a stable outlook at the A- level.