Latest AM Best Headlines

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

My New Markets

Jul 2 2007 // Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability,...

My New Markets

Jul 2 2007 // General Liability – Builders & Contractors Nuts & Bolts: Golden Insurance Co. is providing primary and excess general liability insurance to homebuilders, remodelers and subcontractors. HOA and multifamily...

My New Markets

Jul 2 2007 // Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. Coverage includes general liability, excess/umbrella liability,...

Hanover Group Acquires Michigan-Based Professional Liability Carrier

Jun 25 2007 // The Hanover Insurance Group, Inc. has agreed to acquire a professional liability insurer, Professionals Direct, Inc., for $23.2 million. Professionals Direct is the Michigan-based holding company for the Professionals...

Ratings Recap: Travelers, Mapfre (NJ & FL), AXA Art, Progressive (debt)

Jun 19 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and issuer credit ratings (ICR) of “aa-” of Travelers Insurance Companies and its P/C members. Best also affirmed...

My New Markets

Jun 18 2007 // Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical...

My New Markets

Jun 18 2007 // Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection coverage for electronic and non-electronic security events, including phishing, social engineering and physical theft. Sub-limited coverage...

My New Markets

Jun 18 2007 // Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical...

A.M. Best Affirms Employers Holdings’ A- Rating

Jun 7 2007 // Reno, Nev.-based Employers Holdings Inc. announced insurance rating bureau A.M. Best has affirmed its financial strength rating of A- (Excellent) and assigned issuer credit ratings of “a-” to Employers...

My New Markets

Jun 4 2007 // Community Associations Nuts & Bolts: Apogee Insurance Group is offering a new program for eligible classes for this product that includes homeowners, town homes and condominium associations, planned unit developments,...

My New Markets

Jun 4 2007 // Horse Tracks Nuts & Bolts: A program specifically tailored for horse tracks is available through American Specialty Insurance & Risk Services Inc. Coverages available include: general liability (participant legal...

My New Markets

Jun 4 2007 // Community Associations Nuts & Bolts: Apogee Insurance Group is offering a new program for eligible classes for this product that includes homeowners, town homes and condominium associations, planned unit developments,...

My New Markets

Jun 4 2007 // Outbreak Extra Expense Nuts & Bolts: American Underwriting Managers is now offering a product designed to provide businesses with insurance coverage in the event that their business operations are suspended by a...

My New Markets

Jun 4 2007 // Errors & Omissions Nuts & Bolts: Swiss Re launched non-admitted errors and omissions coverage for members of the Independent Insurance Agents and Brokers of America. The product is designed for agencies with...

Ratings Recaps: American Modern; Hallmark Group; Erie; AIG (Notes); Selective; Donegal

Jun 1 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-” of American Modern Insurance Group and its P/C members. Best also...

Ratings Roundup: Safeco; GNY Group; American Road; Auto Owners

May 31 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of the Safeco Insurance Companies and its members. Best has also...

Ratings Roundup: Atrium; Hardy; Beazley; Amlin; Cathedral; RIMAC

May 25 2007 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of Atrium Underwriting plc, the non-operating holding company of Atrium Underwriters Limited (AUL). Best also revised the outlook to positive...

Recent Ratings Recaps: ACE (Aus. & NZ); CCR; Omega; Kiln

May 22 2007 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of ACE Insurance Limited (Australia) and ACE Insurance Limited (New Zealand)...

My New Markets

May 21 2007 // Tow Truck Operators Nuts & Bolts: Swiss Re’s Commercial Insurance and BISYS launched a program for tow truck operators. Policies are underwritten by Westport Insurance Corp., a Swiss Re company, and are backed...

News Currents

May 21 2007 // Dallas National challenges ratings downgrade A.M. Best Co. recently downgraded the financial strength rating of Dallas National Insurance Company (DNIC), Dallas, Texas, and the insurer has challenged that move. DNIC...