Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
New Markets
Jun 5 2006 // Surgeons General Liability Nuts & Bolts: Avreco is now offering Bariatric and General Surgery Physicians Professional Liability coverage. Eligible risks must be certified by the American Board of Surgery or the...
New Markets
Jun 5 2006 // Surgeons Liability Insurance Nuts & Bolts: Avreco is offering bariatrics and general surgery physicians professional liability coverage. Eligible risks must be certified by the American Board of Surgery or the...
A.M. Best: A ‘Mega-Cat’ Hurricane Would Be Fatal to Some Insurers
Jun 1 2006 // A new Special Report from the A.M. Best Company on the impact of a possible “mega-cat” hurricane — $100 billion or more in insured losses — finds that the financial consequences would be serious and...
Best Comments on Quanta Ratings
May 31 2006 // As anticipated, A.M. Best Co. has issued a statement concerning its ratings on Bermuda-based Quanta Capital Holdings Ltd. and its subsidiaries, following the Company’s announcement that the major portion of its...
Louisiana Retailers Mutual Upgraded by A.M. Best
May 26 2006 // Louisiana Retailers Mutual Insurance Company, a workers’ compensation insurance provider, announced it has been upgraded to an “A-” (Excellent) rating by A.M. Best Company. The company said the rating...
New Markets
May 22 2006 // Architects and Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. Classes include architects/building design, civil...
New Markets
May 22 2006 // Architects and Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. Classes include architects/building design, civil...
A.M. Best Details Catastrophe Stress Test Criteria
May 18 2006 // A.M. Best Co. has published an outline of the criteria it looks for when evaluating the strength of an insurance company’s catastrophe risk management. Last month, A.M. Best hosted a conference call on the recent...
United Wisconsin Insurance Receives Upgraded Rating by A.M. Best
May 12 2006 // A.M. Best recently announced that it has upgraded United Wisconsin Insurance Company (dba) United Heartland’s rating to a secure A (excellent) rating. This upgrade comes as part of a pooled rating with Accident Fund...
New Markets
May 8 2006 // Architects & Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. The classes included, but not limited to,...
New Markets
May 8 2006 // Architects & Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. The classes include, but are not limited to,...
New Markets
May 8 2006 // Architects & Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. The classes included, but not limited to,...
New Markets
May 8 2006 // Architects & Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. The classes include, but are not limited to,...
Best Takes Various Rating Actions on Unitrin Inc.
Apr 29 2006 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A” (Excellent) and assigned issuer credit ratings (ICR) of “a” to the Unitrin Property and Casualty Insurance Group (Unitrin)...
Best Downgrades and Withdraws Ratings of PXRE
Apr 13 2006 // A.M. Best Co. has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Very Good) and the issuer credit ratings (ICR) to “bb” from “bbb-” for the reinsurance subsidiaries of the PXRE...
Rating Agencies React to Fairfax 10-K Filing; Part 1 – A.M. Best Affirms Ratings; Off Watch
Apr 4 2006 // The rating agencies have taken different actions on Fairfax Financial Holdings and its subsidiaries, including Odyssey Re Holdings in which Fairfax has an 80 percent stake, following the Group’s filing of its Form...
Best Assigns Casiopea Re ‘A-‘ Ratings
Mar 31 2006 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to Luxembourg-based Casiopea Re S.A., the reinsurance captive...
A.M. Best Upgrades, Affirms Ratings of United America Indemnity Units
Mar 27 2006 // United America Indemnity, Ltd. reported that A.M. Best Company upgraded or affirmed its financial-strength rating for fourof its subsidiaries. Penn-America Group, Inc. was upgraded to A (Excellent); United National Group...
Best Affirms Lancashire Ratings; Removes from ‘Under Review’
Mar 27 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Lancashire Insurance Company. Concurrently, Best...
Insurers Report Progress on Asbestos Liabilities Funding, Says A.M. Best
Mar 27 2006 // During 2004, U.S. property/casualty insurers narrowed the funding gap in their asbestos and environmental loss reserves, principally for asbestos liabilities, as a result of 2004’s pretax charge of nearly $6 billion,...
