OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Providence Washington Insurance Company (PWIC) (Providence, RI). The under review with developing implications status following the announcement that Everspan Group (Everspan) has entered into a definitive agreement to sell PWIC to Falvey Insurance Group, Ltd. Everspan characterizes this transac