A.M. Best News

A.M. Best Downgrades Ratings of Pacific Specialty Insurance Group in California

A.M. Best has downgraded the Financial Strength Ratings to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” from “a” of Pacific Specialty Insurance Co. and Pacific Specialty Property and Casualty Co., collectively referred to as …

A.M. Best Assigns Credit Ratings to Delaware’s Auto-Owners Specialty Insurance

A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- to Auto-Owners Specialty Insurance Company (AOSIC) of Dover, Del. The outlook assigned to these ratings is stable. These ratings reflect AOSIC’s …

A.M. Best: Outlooks Negative for National Lloyds, American Summit Insurance

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of National Lloyds Insurance Co. Concurrently, A.M. Best has revised …

Outlooks Revised to Stable for North Dakota’s Center Mutual Insurance

A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Center Mutual Insurance Co. in Rugby, North Dakota. The ratings reflect Center …

Outlooks Revised to Positive for Arkansas’ Kinsale Insurance

A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Kinsale Insurance Company (Kinsale) in Little Rock, Arkansas. Concurrently, A.M. …

A.M. Best Upgrades Ratings of Texas’ Spartan Insurance

A.M. Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Spartan Insurance Company (Spartan) in Pearland, Texas. The outlook of these ratings has been revised …

A.M. Best Assigns Stable Outlook to Germany’s Non-Life Insurance Sector

A.M. Best has a stable outlook on the German non-life insurance sector as Germany’s robust economy continues to drive growth. According to the ratings agency, the country’s technical profitability is solid and is expected to remain so, underpinned by good …

A.M. Best: Outlooks Revised to Positive for Benchmark Insurance

A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Benchmark Insurance Co. (Benchmark) in Topeka, Kansas. The Credit Ratings (ratings) of …

A.M. Best Affirms Excellent Rating, Revises Outlook to Negative for CMIC Group

A.M. Best has affirmed its financial strength rating of A- (Excellent) and its long-term issuer credit ratings of “a-” while revising its outlook to negative from stable for Glastonbury, Conn.-based Connecticut Medical Insurance Company and its sponsored risk retention group …

A.M. Best Upgrades Issuer Credit Rating of Illinois Casualty

A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, IIlinois. The outlook for the Long-Term …