GuideOne still ‘excellent’
A.M. Best Co. has reaffirmed its “A” (Excellent) rating and stable outlook for GuideOne Mutual Insurance Co. in West Des Moines, the insurer said in a news release. A.M. Best cited GuideOne’s strong capitalization, favorable operating results, solid balance sheet and established market presence in its core niche markets. “The rating further acknowledges the group’s experienced management team, conservative operating philosophy, growing use of sophisticated predictive analytic modeling tools and sustainable competitive advantages,” A.M. Best said.