Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Ratings Recap: Saturn, Western General, German Mutual, Accredited Surety
Apr 22 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Vermont-based captive insurer Saturn Insurance Inc....
Virginia Farm Bureau Ratings Downgraded by A.M. Best
Apr 11 2013 // A.M. Best Co. said Wednesday it has downgraded the financial strength rating of Virginia Farm Bureau Mutual Insurance Co. in Richmond, Va., and its subsidiaries to B++ (Good) from A- (Excellent). Additionally, Oldwick,...
A.M. Best Downgrades Rating of LEMIC Insurance Co.
Apr 10 2013 // A.M. Best Co. announced it has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of workers’ compensation insurer LEMIC Insurance...
A.M. Best Downgrades Madison Mutual Insurance Co.
Apr 8 2013 // A.M. Best Co. announced it has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb+” from “a-” of Madison Mutual Insurance Co. (Madison...
Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale
Mar 29 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the Odyssey Reinsurance Group members....
Ratings Recap: Ansvar, ARABIA (Jordan), ARABIA (Lebanon), ARABIA (Saudi Arabia), Transmonde
Mar 29 2013 // A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Australia’s Ansvar Insurance Limited, both with stable...
A.M. Best: Outlook Negative for Columbia Mutual Insurance Co.
Mar 28 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Columbia Mutual Insurance Co....
A.M. Best: Outlook Negative for Ellington Mutual Insurance Co.
Mar 27 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of bbb- of Ellington Mutual Insurance Co. (EMIC) of Hortonville, Wis. Best said...
Outlook for National Fire and Indemnity Exchange Revised to Negative
Mar 26 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of National Fire and Indemnity Exchange (NIE)...
Ratings: American Resources, Attorneys Mutual, Markel (notes), Caelus Re, National Automotive
Mar 21 2013 // A.M. Best Co. has upgraded the financial strength rating to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit rating to “bb+” from “bb-” of Alabama-based American Resources...
Ratings Recap: Sun Hung Kai, Jamaica International, Palms, Watania
Mar 20 2013 // A.M. Best Asia-Pacific Limited has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating to “a” from “a-” of Hong...
A.M. Best Downgrades National Automotive Insurance Co.
Mar 12 2013 // A.M. Best Co. has downgraded the financial strength rating to C (Weak) from B (Fair) and issuer credit rating to “ccc” from “bb” of National Automotive Insurance Co. (National Automotive) of...
Meadowbrook Actions Have Yet to Sway A.M. Best; Company Reacts
Mar 11 2013 // On March 1, A.M. Best said that the “A-minus” financial strength ratings of members of Meadowbrook Insurance Group Inc. remain under review with negative implications – a status in place since Oct. 19, 2012...
Meadowbrook Corrective Actions Yet to Sway A.M. Best; Company Reacts
Mar 4 2013 // On Mar. 1, A.M. Best said that the “A-minus” financial strength ratings of members of Meadowbrook Insurance Group Inc. remain under review with negative implications — a status that has been in place since...
Ratings Recap: American General, Philadelphia Indemnity, First Hawaii, Minnesota Lawyers Mutual, Workmen’s Auto
Mar 1 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B+’ (Good) and issuer credit rating (ICR) of “bbb-” of American General Property Insurance Company (AGPIC), based in Nashville,...
Ratings Recap: Nat’l. Interstate, Best Meridian, SC Farm, Fireman’s Fund La.
Feb 25 2013 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of National Interstate Corporation (NATL), as well as the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of...
Ratings Recap: GIC Re, Seguros Inbursa, National Grid
Feb 22 2013 // A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC Re), both with stable...
Ratings Assigned to Bearing Midwest Casualty, Horizon Midwest Casualty
Feb 18 2013 // A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and issuer credit rating of “a-” to Bearing Midwest Casualty Co. (Bearing) and Horizon Midwest Casualty Co. (Horizon). The outlook...
A.M. Best Affirms Ratings of Michigan’s Ally Insurance Group Members
Feb 15 2013 // A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit ratings of “bbb” of Motors Insurance Corp. and its reinsured subsidiaries, MIC Property and Casualty Insurance Corp. and...
A.M. Best Downgrades McMillan-Warner Mutual Insurance Ratings
Feb 14 2013 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb+” from “a-” of McMillan-Warner Mutual Insurance Co. (MWM) of...
