Latest AM Best Headlines

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

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,...

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 // 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....

Prime Receives A. M. Best Rating Upgrade to “B+” With a Stable Outlook

Jul 20 2006 // Sandy, Utah and Chicago, Illinois – Prime Holdings Insurance Services, Inc. announced today that its property and casualty insurance subsidiary, The Prime Insurance Syndicate, Inc. (“Syndicate”), was...

NAICO Downgraded

Jul 4 2006 // A.M. Best Co. downgraded the financial strength rating to “B+” (very good) from “B++” (very good) of National American Insurance Co. of Chandler, Okla., and revised its outlook to negative from...

New Markets

Jul 3 2006 // Workers’ Comp: Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in...

New Markets

Jul 3 2006 // Outdoor Sports Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance...

New Markets

Jul 3 2006 // Workers’ Comp: Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in...

Best Places Glacier Re Ratings under Review – Negative

Jun 23 2006 // A.M. Best Co. has placed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-“of Swiss reinsurer Glacier Reinsurance AG under review with negative...

Best Upgrades ‘PD’ Ratings of 12 Canadian P/C Insurers

Jun 20 2006 // A.M. Best Co. has upgraded the public data (pd) financial strength ratings of 12 property/casualty Canadian insurers. The bulletin noted that “pd ratings are based solely upon public information and present the most...

New Markets

Jun 19 2006 // Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance...

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...