Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
AM Best Revises Outlook to Negative for Texas’ Southern Vanguard
Jul 18 2025 // AM Best announced it has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Vanguard...
AM Best Revises Outlook to Negative for Texas’ Service Insurance Group
Jul 9 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance...
AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
Jul 7 2025 // Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss for the U.S. P/C industry. According to industry rating agency AM...
AM Best Downgrades Credit Ratings of Oregon Mutual Group Members
Jun 18 2025 // AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Ratings to “bb-” (Fair) from “bbb” (Good) of Oregon Mutual Insurance Company and...
AM Best Downgrades Nonprofits Insurance Alliance Members in California, Vermont
Jun 16 2025 // AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of...
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
Jun 16 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual
Jun 16 2025 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of...
AM Best Downgrades Nonprofits Insurance Alliance Members
Jun 13 2025 // AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of...
AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
Jun 9 2025 // Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry. According to industry rating agency AM...
AM Best Upgrades Credit Ratings of Members of Midwest Insurance Group
Jun 6 2025 // AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest...
AM Best Upgrades Velocity Specialty Insurance After Acquisition by FM
Jun 2 2025 // AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a”...
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
May 30 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual
May 29 2025 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of...
No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best
May 20 2025 // Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and Atmospheric Administration disaster database could be detrimental to insurers and may require...
AM Best Revises Credit Rating Outlook to Negative for NJM Insurance Group
May 1 2025 // Ratings agency AM Best has revised the outlook to negative from stable for the members of the NJM Insurance Group (NJM) for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating (FSR) of A+...
AM Best Revises Outlook to Negative for Missouri Valley Mutual Insurance Company
Apr 30 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Missouri Valley Mutual Insurance...
AM Best Downgrades Credit Ratings of Texas’ PrimeOne Insurance Group
Apr 21 2025 // AM Best has downgraded the Financial Strength Rating to B- (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb-” (Good) of PrimeOne Insurance Company in Dallas,...
AM Best Revises Outlooks to Negative for Virginia’s Loudoun Mutual Insurance Co.
Apr 17 2025 // AM Best has revised the outlooks to negative from stable of Loudoun Mutual Insurance Co. of Waterford, Virginia based on the “deterioration in Loudoun’s underwriting and operating performance” in recent...
AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers
Apr 15 2025 // According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings. The...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...
