OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Universal Insurance Company (UIC). At the same time, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb+” (Fair) of Universal Life Insurance Company (ULICO). The outlook of ULICO’s Credit Ratings (ratings) is stable. Both companies are domiciled in Guay