A.M. Best Co., Oldwick, N.J., has affirmed the financial strength and issuer credit ratings of GMAC Insurance Group and its members and revised the outlook from stable to negative. The revised outlook reflects concerns about the financial pressures being experienced by GMACI's ultimate parent, GMAC LLC, and their possible financial and operational effects on GMACI, the credit rating organization said. "The challenges at GMAC are driven by the continuing risks associated with its mortgage lending subsidiary, Residential Capital LLC ... in the volatile housing and mortgage sector, which has weakened GMAC's capitalization, liquidity and profitability," A.M. Best said. GMACI's financial strength rating stands at A-minus, and the issuer credit ratings of the company and its 16 property-and-casualty members is a-minus, A.M. Best said. The company can be found online at http://www.ambest.com.

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