A New Outlook & New Role
May 31, 2022
New Outlook from AM Best
AM Best issued a new rating for Merchants long-term Issuer Credit Rating (ICR) outlook, upgrading it from stable to positive. AM Best says the change “reflects Merchants Bonding’s long history of profitable operating performance, largely driven by solid underwriting results and growing investment earnings.”
Merchants' President Larry Taylor takes on a new leadership role, elected as the President of The Surety & Fidelity Association of America Foundation. Both the SFAA Foundation and Merchants value and promote increasing diversity within the surety and fidelity industry.