AM Best Affirms Credit Ratings of National Guaranty Insurance Company of Vermont

AM Best affirmed the A (Excellent) Financial Strength Rating and 'a' (Excellent) Long-Term Issuer Credit Rating for National Guaranty Insurance Company of Vermont, the captive insurer of Waste Management, Inc. The stable outlook reflects the captive's very strong balance sheet, consistent profitability, and loss-free operating history, underpinned by WM's capital support via demand notes and letters of credit.

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