Latest AM Best Headlines

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

Ratings Roundup: GMAC Direct, MEEMIC, Eastern Alliance, Grain Dealers

Mar 10 2009 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of GMAC Direct Insurance Company of Maryland Heights, Mo. and assigned an...

Ratings Recap: UA Indemnity, Dubai Islamic, Eastern Re, Top Layer Re

Mar 10 2009 // A.M. Best Co. has assigned indicative debt ratings of “bbb” to senior unsecured debt, “bbb-” to subordinated securities and “bb+” to preferred stock, which may be issued under United...

Western Pinnacle Insurance Services, Inc Announces Addition of New AM Best A Rated Workers Compensation Carrier

Mar 9 2009 // “Western Pinnacle Insurance Services, Inc (“WPIS”), a diversified MGA/Wholesaler announced today the addition of a new AM Best A rated carrier for its workers compensation capabilities. Virgil Anderson,...

New Markets

Mar 9 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. Vacant Commercial Property Market Detail:...

A.M. Best: Positive Impact on MEEMIC of Sale to Michigan Auto Club

Mar 6 2009 // A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of MEEMIC Insurance Co. in Michigan under review with positive implications. These rating...

A.M. Best Downgrades Michigan’s Wolverine Mutual Insurance

Feb 27 2009 // A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of B++ (Good) of Wolverine Mutual Insurance Co. of Dowagiac,...

New Markets

Feb 22 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. Fire Protection Contractors Market Detail:...

A.M. Best Downgrades Kingsway & Several Subsidiaries

Feb 18 2009 // A.M. Best Co. has downgraded the issuer credit ratings (ICR) and senior debt ratings to “b-” from “b” of Kingsway Financial Services Inc. (KFSI) (Mississauga, Ontario) and Kingsway America Inc....

RMS Advises How To Weather Scrutiny By A.M. Best

Feb 11 2009 // Following a major announcement that A.M. Best will be probing deeper into companies’ data quality to assess their risk management processes and the credibility of modeled losses, Newark, Calif.-based Risk Management...

New Markets

Feb 8 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. High-Value Homeowners’...

Great Northwest Insurance Outlook Revised to Negative by A.M. Best

Jan 27 2009 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of B+ (Good) and issuer credit rating (ICR) of “bbb-” of Great Northwest Insurance Co., which is...

New Markets

Jan 25 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. Mono-line Property for Coastal...

Ratings Recap: Agency, MGA, SeaBright

Jan 23 2009 // A.M. Best Co. has revised the outlook to positive from stable, upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Agency...

Best Affirms PartnerRe’s ‘A+’ Ratings

Jan 21 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of the Bermuda-based PartnerRe Group and its members. Best also affirmed the ICR...

Ratings Roundup: Mountain States, HMSC, Woodbrook, Gateway, Fremont, Michigan Millers’

Jan 21 2009 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Mountain States Mutual Casualty...

Ratings Roundup: Syndicate 0780, Munich Re Italy, NIPPONKOA, Exchange, Aerial Re, Colonial, Bay Haven

Jan 20 2009 // Standard & Poor’s Ratings Services has revised its outlook on the Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to stable from positive. S&P also affirmed the...

New Markets

Jan 11 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. Top 10 Most Unusual Searches on...

Ratings: RSA (Ireland), Mondial, Tokio Marine (Guam), Ballantyne Re (Notes), Wuerttembergische

Jan 7 2009 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ insurer financial strength and counterparty credit ratings to Ireland-based insurer RSA Insurance Ireland Ltd. with a stable outlook....

Best Removes Hartford from Review; Affirms ‘A+’ Ratings

Dec 29 2008 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength ratings of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the key life/health...

Ratings Recap: Aspen, Munich Re (Malta), Qatar, Nissan, CMI, Takaful, Int’l.

Dec 23 2008 // A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Bermuda-based Aspen Insurance Limited...