ACMT ACMAT Corp (PK)

A.M. Best Co. has assigned an issuer credit rating (ICR) of ๏ฟฝbbb๏ฟฝ to ACMAT Corporation (New Britain, CT) [PinkSheets: ACMTA], the parent holding company of ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook for the rating is stable. A.M. Best affirmed the financial strength rating (FSR) of A (Excellent) and ICR of ๏ฟฝa๏ฟฝ of ACSTAR on April 20, 2007. The ICR reflects the strong capital position of the company๏ฟฝs principal operating subsidiary, ACSTAR, as well as the group๏ฟฝs historically strong operating performance. Somewhat offsetting these positive rating factors is the group๏ฟฝs limited profile as a monoline writer of commercial surety contracts. For Best๏ฟฝs Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com.