ratings upgrade News

AM Best Upgrades Credit Ratings for Members of Arbella Insurance Group

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” from “a-” of Arbella Mutual Insurance Company and its three pooled insurance entities, Covenant Insurance Company in Farmington, …

A.M. Best Upgrades Credit Ratings of Kansas’ Upland Mutual Insurance

A.M. Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Upland Mutual Insurance Inc. in Junction City, Kansas. The outlooks of these …

Credit Ratings of Wisconsin Mutual Insurance Upgraded

A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Wisconsin Mutual Insurance Co. (Wisconsin Mutual) in Madison, Wisconsin. The outlook of these ratings has …

A.M. Best Upgrades Ratings of Texas’ Spartan Insurance

A.M. Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Spartan Insurance Company (Spartan) in Pearland, Texas. The outlook of these ratings has been revised …

A.M. Best Upgrades Issuer Credit Rating of Illinois Casualty

A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, IIlinois. The outlook for the Long-Term …

A.M. Best Removes from Under Review, Upgrades Ratings of Great Plains Casualty

A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Great Plains Casualty Inc. (Great Plains) in …

Credit Ratings of Texas’ State Farm Lloyds Upgraded

A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of State Farm Lloyds in Richardson, Texas. A.M. Best also has affirmed the …

Ratings of Indiana’s American Agricultural Insurance Co. Upgraded

A.M. Best has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) to “a” from “a-” of American Agricultural Insurance Co. (AAIC) in Indianapolis, Ind. The outlook for these …

Best Upgrades Ratings of Arkansas Farm Bureau Mutual Insurance

A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of Farm Bureau Mutual Insurance Company of Arkansas Inc. (Arkansas Farm Bureau), based …

Ratings of Michigan Professional Insurance Exchange Upgraded

A.M. Best has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit rating to “a-” from “bbb+” of Michigan Professional Insurance Exchange (MPIE) in Grand Rapids, Mich. The outlook for each rating has been …