Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

AM Best: Commercial Auto Liability Drags Down Segment, and It Could Get Worse

Oct 6 2025 // Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years–and things are getting worse. Commercial auto has posted an underwriting loss for the 14th...

AM Best Revises Outlooks to Negative for Golden Bear

Oct 3 2025 // AM Best revised the outlook for Golden Bear Insurance Company from stable to negative, while the ratings agency affirmed the carrier’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating...

AM Best Affirms Performance Assessment of MGA First Indemnity

Oct 1 2025 // AM Best has affirmed its Performance Assessment of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. of Boston. AM Best said the outlook of the assessment is stable. The ratings firm said its PA-3 assessment of the...

AM Best Revises Issuer Credits Rating Outlook to Stable for Grinnell Mutual Group

Sep 30 2025 // AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+”...

Lengthy Government Shutdown to Impact Insurers, Says AM Best

Sep 30 2025 // Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM...

AM Best Revises Credit Rating Outlook to Positive for Texas’ National Unity

Sep 23 2025 // AM Best has revised the outlook to positive 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 ICR of “bbb”...

AM Best: Commercial Auto Liability Drags Down Segment and it Could Get Worse

Sep 22 2025 // Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting...

AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B

Sep 11 2025 // An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first...

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...