OREANDA-NEWS. A.M. Best has revised the outlooks to negative from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Lancer Insurance Company (Lancer Insurance) (Chicago, IL). Concurrently, A.M. Best has revised the outlooks to negative from stable and affirmed the FSR of B++ (Good) and the ICR of “bbb” of Lancer Indemnity Company (Lancer Indemnity) (Long Beach, NY).