am best credit ratings News

AM Best Revises Credit Rating Outlook to Negative for NJM Insurance Group

Ratings agency AM Best has revised the outlook to negative from stable for the members of the NJM Insurance Group (NJM) for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term …

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

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 Company (Wolverine) based in Dowagiac, Michigan. The Credit Ratings …

AM Best Assigns Excellent Rating to MEM

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 Shield Insurance Company and MEM Secure Insurance Company. The outlooks assigned …

AM Best Affirms Financial Strength Rating of Church Mutual

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 Ratings (ratings) is negative. These ratings apply to …

AM Best Revises Outlook to Positive for Kansas’ Upland Mutual

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 Rating of “bbb+” (Good) of Upland Mutual Insurance, Inc. (Upland) (Junction City, KS). The Credit Ratings …

AM Best Withdraws Credit Rating of Farmers Mutual Insurance Co. of Michigan

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 C++ (Marginal) and the Long-Term ICR of “b+” (Marginal) of Farmers Mutual Insurance Company …

AM Best Downgrades Credit Rating of Michigan’s Wolverine Mutual

AM Best has downgraded the Financial Strength Rating to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Rating to “b” (Marginal) from “bb-” (Fair) of Wolverine Mutual Insurance Company, based in Dowagiac, Michigan. The outlook of these Credit …

AM Best Revises Outlook to Negative for Ohio’s Buckeye State Mutual

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Buckeye State Mutual Insurance Company and its affiliate, Home and Farm …

AM Best Withdraws Credit Ratings for Mt. Morris Mutual Following Downgrade

AM Best announced it has withdrawn credit ratings of Mt. Morris Mutual Insurance Company in Coloma, Wisconsin, less than a week after the credit rating agency downgraded the company’s ratings. AM Best said it withdrawn Mt. Morris’ ratings as the …

AM Best Revises Ohio Indemnity Company’s Outlook to Positive

AM 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 of “a-” (Excellent) of Ohio Indemnity Company (OIC) (Columbus, OH). The Credit Ratings (ratings) reflect …