Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
New Markets
Sep 4 2006 // Mining Program Nuts & Bolts: Casualty & Surety Inc. (CSI), a specialty MGA, has been granted underwriting authority for a new National Mining Program. CSI will be able to write coverage for general liability,...
New Markets
Sep 4 2006 // Third Party Harassment and Discrimination Product Nuts & Bolts: Monoline third party harassment and discrimination coverage is being offered by Quadrant Insurance Managers. This product covers businesses for...
Best Affirms Swiss Re, GEIS, GE Frankona Ratings; Off Review
Aug 24 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa” of Swiss Reinsurance Company and its rated subsidiaries. Best also...
New Markets
Aug 21 2006 // Environmental Insurance Program Nuts & Bolts: Burns & Wilcox, a national specialty insurance agency, has formed a strategic alliance with ACE Westchester Specialty Group Environmental to administer a program for...
New Markets
Aug 21 2006 // Environmental Insurance Program Nuts & Bolts: Burns & Wilcox, a national specialty insurance agency, has formed a strategic alliance with ACE Westchester Specialty Group Environmental to administer a program for...
Best Removes Folksamerica from Review; Affirms ‘A-‘ Rating
Aug 18 2006 // A.M. Best Co. has removed from under review and affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-“of New York-based Folksamerica Reinsurance...
New Markets
Aug 7 2006 // Builder’s Risk Program Nuts & Bolts: Praetorian Financial Group, a specialty insurance provider, announced that it has entered into a partnership with Britt Paulk to launch a Builder’s Risk program....
New Markets
Aug 7 2006 // Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized...
New Markets
Aug 7 2006 // Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K...
New Markets
Aug 7 2006 // Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized...
New Markets
Aug 7 2006 // Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K...
Best Affirms MAPFRE RE’s ‘A+’ Ratings
Aug 4 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A. “The outlook on both...
Best Reports P/C Underwriting Income Up 21% in 1st Quarter
Aug 2 2006 // The U.S. property/casualty industry’s underwriting income improved 21.0 percent to $8.3 billion in first quarter 2006 from $6.8 billion in first quarter 2005, according to a new special report by A.M. Best Co....
Best Affirms Lloyd’s “A” Rating
Aug 1 2006 // A.M. Best Co. has affirmed Lloyd’s financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a”. Best also affirmed the ICR of “a-” of the Society...
Risk Retention Groups Sustaining Profitability
Aug 1 2006 // Since the implementation of the Liability Risk Retention Act of 1986, a number of risk retention groups (RRG) have met the requirements to obtain a Best’s Financial Strength Rating (FSR). Since then, RRGs have...
New Markets
Jul 24 2006 // Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability,...
New Markets
Jul 24 2006 // Professional Liability Program Nuts & Bolts: London American Profess- ional Liability program designed for a diverse set of professions, including many types of consultants, insurance services, media and real estate...
New Markets
Jul 24 2006 // Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas,...
New Markets
Jul 24 2006 // Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services....
New Markets
Jul 24 2006 // Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas,...