OREANDA-NEWS. A.M. Best has affirmed the financial strength rating of C (Weak) and the issuer credit rating of “ccc” of Newport Bonding and Surety Company.

Additionally, the ratings have been removed from under review with negative implications and assigned negative outlooks. Concurrently, A.M. Best has withdrawn the ratings as the company no longer participates in A.M. Best’s interactive rating process.