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Insurance Ratings Adjustments and Bond Upgrade
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AM Best revises credit ratings for Insignia Life positively after Grupo MAPFRE acquisition, while placing Oxford Insurance under negative review due to business mix changes. AM Best affirms Virginia Surety's ratings and KBRA assigns AAA rating to Wisconsin Transportation Revenue Bonds.
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How could the AAA rating for Wisconsin Transportation Revenue Bonds influence investor confidence and funding costs for infrastructure projects?
How might the Grupo MAPFRE acquisition impact Insignia Life's market position and competitiveness?
What specific risk mitigation strategies could Oxford Insurance adopt to address the concerns raised by AM Best?
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