AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company

Core Viewpoint - AM Best has revised the outlooks for Kansas City Life Insurance Company to negative from stable while affirming its Financial Strength Rating (FSR) of A- and Long-Term Issuer Credit Rating (ICR) of "a-" [1] - Grange Life Insurance Company has been downgraded by AM Best, with its FSR reduced to B+ from B++ and Long-Term ICR downgraded to "bbb-" from "bbb" [1] Group 1 - Kansas City Life Insurance Company maintains an FSR of A- (Excellent) despite the negative outlook revision [1] - The Long-Term ICR for Kansas City Life is affirmed at "a-" (Excellent) [1] - Grange Life Insurance Company has seen a downgrade in its FSR to B+ (Good) [1] Group 2 - The Long-Term ICR for Grange Life is downgraded to "bbb-" (Good) [1] - The changes reflect AM Best's assessment of the companies' financial strength and market conditions [1]