March 10, 2022
The AM Best rating firm has downgraded the credit rating and the outlook for Florida Family Insurance and its subsidiary, Florida Family Home Insurance Co. The rating firm said the companies’ long-term issuer credit rating has dropped from “bbb+ (good)” …
February 2, 2022
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Universal Fire & Casualty Insurance Company, headquartered in Waterford, Michigan and its wholly owned subsidiary, Shield Indemnity Incorporated in …
July 14, 2021
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Vantage Risk Specialty Insurance Co. (Vantage Risk) in Chicago. Vantage Risk is a newly added member to Vantage Group …
May 7, 2021
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of Columbus, Ohio-based Grange Insurance Co. and its pooled subsidiaries …
January 23, 2020
The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been downgraded by AM Best due to a deterioration in underwriting results for the insurer. However, ratings agency Demotech says it …
September 26, 2019
AM Best-rated farm bureaus within the U.S. property/casualty (P/C) insurance segment have experienced steady growth in net premiums written (NPW) in the past decade, unlike their life/annuity (L/A) counterparts, which have seen more premium fluctuation, according to a new AM …