Latest AM Best Headlines

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

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...

AM Best Reviews Westminster American Following Return of Previous Owner

Apr 2 2025 // AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Westminster American...

AM Best Removes Pie Insurance From Review With Negative Implications

Mar 28 2025 // AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Pie Insurance...

AM Best Revises Outlooks to Stable for Members of ISMIE

Mar 27 2025 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ISMIE Mutual Insurance Company...

AM Best Downgrades Wisconsin’s Cities and Villages

Mar 25 2025 // AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of Cities and Villages...

AM Best Revises Outlook to Stable for Ohio’s Westfield

Mar 24 2025 // AM Best has revised the outlook 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+”...

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

Mar 18 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with...

AM Best Places Michigan’s Wolverine Mutual Under Review With Positive Implications

Mar 13 2025 // AM Best has placed under review with positive implications the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “b” (Marginal) of Wolverine Mutual Insurance...

AM Best Revises Outlooks for Members of Grange Insurance Group in Washington

Mar 12 2025 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Grange Insurance Association and its...

AM Best Assigns Excellent Rating to MEM

Mar 10 2025 // AM Best has assigned Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Ratings of “a-” (Excellent) to Previsor Insurance Company (Centennial, Colo., MEM Protect Insurance Company, MEM...

AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires

Mar 10 2025 // AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of...

AM Best Revises Outlook to Negative for Michigan’s Hastings

Mar 10 2025 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+”...

Tariffs Will Negatively Affect Insurance Industry, Says AM Best

Mar 6 2025 // Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with increased tariffs on China, will have a negative effect on the insurance industry—particularly...

AM Best Affirms Financial Strength Rating of Church Mutual

Mar 6 2025 // AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Church Mutual Insurance Company, S.I. The outlook assigned to these Credit...

AM Best Revises Outlook to Stable for Ohio’s Westfield

Mar 5 2025 // AM Best has revised the outlook 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+”...

AM Best Downgrades Vermont Mutual to ‘A’ Rating; Cites Improvements in 2024 Results

Mar 5 2025 // AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “aa-” (Superior) of Vermont Mutual Insurance...

AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’

Mar 3 2025 // Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results. AM Best noted renewal premium for monoline D&O...

AM Best Revises Outlook to Negative for Michigan’s Hastings

Feb 25 2025 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+”...

AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss

Feb 21 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best this week said U.S. P/C...

AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires

Feb 20 2025 // AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of...