Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
AM Best Affirms A+ Financial Strength Rating for Allstate Group Members
Aug 29 2025 // Insurance industry rating agency AM Best on Thursday affirmed the financial strength rating of A+ (Superior) for the Allstate Insurance Group. The Oldwick, N.J.-based firm noted Allstate’s “favorable market...
AM Best Upgrades Stonetrust Workers’ Compensation to “A” Rating
Aug 25 2025 // AM Best upgraded Baton Rouge based regional workers’ compensation insurer, Stonetrust Commercial Insurance Company’s Financial Strength and Credit Ratings from A – (Excellent) to A (Excellent). Stonetrust...
AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
Aug 22 2025 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern...
AM Best Maintains Under Review With Negative Implications Status for UNAIC
Aug 20 2025 // AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Universal North America Insurance...
Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best
Aug 18 2025 // Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM Best. Swiss Re...
Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best
Aug 8 2025 // Last year’s sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance industry in aggregate—and homeowners insurers are sticking to rate increases to keep...
AM Best Upgrades Credit Rating of Texas’ New Horizon
Jul 29 2025 // AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of New Horizon Insurance Company...
Weather-Related Losses Cause AM Best to Revise Brethren Mutual’s Outlooks
Jul 23 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Brethren Mutual Insurance Co. in...
AM Best Revises Outlook to Negative for Wisconsin’s Society
Jul 21 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 Society Insurance, a mutual...
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”...
