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A.M. Best Rating For ALPS Drops (access required)

Attorneys Liability Protection Society, the Virginia State Bar-endorsed carrier of legal malpractice insurance, has been downgraded a notch by insurance evaluator A.M. Best Co., from A to A-minus. The downgrade was for the same reasons that another evaluator, Standard & Poor's, lowered ALPS' rating from A-minus to BBB in April: Concerns over the adequacy of loss ...

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