EMC Insurance Cos.' financial strength rating has been upgraded to "A" (Excellent) with a stable outlook by A.M. Best Co., EMC announced Thursday. The insurance industry credit rating organization upgraded the ratings of Employers Mutual Casualty Co. and its six property/casualty subsidiaries and for EMC Reinsurance Co.  

Best's ratings and analyses assess the financial strength and creditworthiness of insurance companies. "A.M. Best recognized our leadership in enterprise risk management and acknowledged our ability to withstand the ups and downs of the insurance market, even during high storm-level years, such as in 2008 and 2011," said Ron Jean, EMC's executive vice president for corporate development.