Tuesday, January 31, 2012

A.M. Best Places Ratings of Medico Insurance Company Under Review With Positive Implications

Medico Merger News

Hello from the team at Medico,

As you know, Medico is merging with American Enterprises. We view this merger as a positive step and a path to building a stronger company going forward.

One of those positive steps comes from A.M. Best. Medico's annual review with A.M. Best has been postponed until the merger is complete sometime this summer. A.M. Best has put Medico under review with positive implications.

This is great news for Medico, its agents and its policyholders! Going forward we are confident that the Medico experience will continue to exceed your expectations.

Regarding our Medicare Supplement product, we plan to continue with our philosophy of single digit rate increases. We also stress that the focus of the company will remain the same and that we will not interrupt sales or sacrifice our industry leading service as we continue with this merger.

As we've said before, we'll keep you in the loop as we move forward with this new opportunity. Thanks for your dedication and your hard work. We appreciate you!

Below is a link to the A.M. Best press release from January 20th.

Click Here for A.M. Best Press Release


Regards,

Team Medico

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