Latest AM Best Headlines

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

Ratings Recap: Continental Re, Best Meridian, Al Fajer, Caisse Centrale Re

Jun 22 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Nigeria’s Continental Reinsurance Plc, both with stable outlooks. “The ratings...

Ratings Recap: Argus, Universal No. Am., DTRIC, Knights of Columbus

Jun 22 2009 // A.M. Best Co. has downgraded the financial strength rating to ‘D’ (Poor) from ‘C-‘ (Weak) and issuer credit rating to “c” from “ccc-” of Florida-based Argus Fire &...

A.M. Best Lower Outlook for Boston’s Plymouth Rock Assurance Corp.

Jun 19 2009 // A.M. Best has revised the outlook to negative for Boston-based insurer Plymouth Rock Assurance Group. Despite the outlook downgrade, A.M. Best Co. affirmed the financial strength rating of A- (Excellent) and issuer credit...

A.M. Best Downgrades State Farm Florida; Outlook Negative

Jun 18 2009 // A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of State Farm Florida Insurance Co. The rating agency’s...

Ratings: Everest Re (Ireland), Bosna Re, Peace Hills, Farmers (NZ), Swiss Re (debt), Optimum

Jun 18 2009 // Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re...

Florida’s Argus Insurance Downgraded by A.M. Best

Jun 18 2009 // A.M. Best Co. has downgraded the financial strength rating to D (Poor) from C- (Weak) and issuer credit rating to “c” from “ccc-” of Argus Fire & Casualty Insurance Co. of North Miami Beach,...

New Markets

Jun 15 2009 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors General Liability Market...

Ratings Recap: AXA Art, National Interstate, ProMutual, Clearwater

Jun 10 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of AXA Art Insurance Corporation, which is based in New York City. The outlook for both...

Ratings: US Liability, Commercial Casualty, Stonetrust, Continental American, Prime Group, American Agri

Jun 8 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of United States Liability Insurance Group and its members. The outlook for all of the...

Ratings: Guardian, Golden Bear, ARIC, SUIC, First American, Seminole

Jun 5 2009 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb+” of Guardian Insurance Company,...

Ratings: Allianz (Italy), Hatherley, Jamaica, China Ins. (Singapore), Arab Orient

Jun 2 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. The ratings reflect the...

A.M. Best Concerned Over Insurers’ Exposure to the Florida Hurricane Fund

Jun 1 2009 // Based on the recently revised projected claims-paying capacity of the Florida Hurricane Catastrophe Fund (FHCF), rating agency A.M. Best has updated its treatment of reinsurance provided to rated entities from this...

Ratings Recap: GeoVera, Catholic Knights, Auto Owners, Church Mutual

Jun 1 2009 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Calif.-based GeoVera...

A.M. Best Gives CSE Insurance Group A- Rating

Jun 1 2009 // San Francisco-based CSE Insurance Group announced that A.M. Best Co. has reaffirmed the company’s financial strength rating of A-. “The rating and outlook reflect [CSE Insurance’s] excellent...

My New Markets

Jun 1 2009 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Staffing Firms Market Detail: World Wide...

Ratings Recap: Navigators, AIG (So. Am.), Electro Re, Casiopea Re

May 28 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Navigators Insurance Group, which is comprised of Navigators Insurance Company...

Ratings: Rep. Western, Workmen’s Auto, Farmers Union, Town and Country, Sequoia, No. Am. Casualty

May 26 2009 // A.M. Best Co. has upgraded the financial strength rating to ‘B+’ (Good) from ‘B’ (Fair) and issuer credit ratings (ICR) to “bbb-” from “bb” of Arizona-based Republic Western...

Ratings Recap: Georgia Farm, Okla. Farm, State Auto, Premier, Medmarc

May 20 2009 // A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb+” from “a-” of Georgia Farm Bureau Group...

Best Affirms Travelers Ratings; Changes Outlook to Positive

May 19 2009 // A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s...

A.M. Best Downgrades Ratings of Oklahoma Farm Bureau Group

May 19 2009 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit ratings to ‘bbb+’ from ‘a-‘ of Oklahoma Farm Bureau Group and its members, Oklahoma...