AM Best ratings News

AM Best Revises Mississippi Farm Bureau Outlooks to Negative

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Mississippi Farm Bureau Casualty Insurance Company of Jackson, Miss. AM Best …

AM Best Upgrades Credit Ratings of Southern Mutual Church Insurance

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Southern Mutual Church Insurance Co. in Columbia, South Carolina. The ratings firm also …

Credit Ratings Assigned to Ohio’s Westfield Specialty Insurance

AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Westfield Specialty Insurance Co. (Westfield Specialty), a newly added member of Westfield Group (Westfield). All members …

‘A-‘ Rating Assigned to Texas Insurers, Southlake Specialty and Westlake Specialty

AM Best has assigned a financial strength rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Southlake Specialty Insurance Co. (SSIC) and its subsidiary, Westlake Specialty Insurance Co., both based in Westlake, Texas. These property/casualty specialty …

AM Best Revises Outlooks to Positive for Convex Group’s Subsidiaries

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 Ratings of “a-” of Convex Insurance UK Ltd. and Convex Re Ltd. Both entities are wholly …

Outlooks Revised to Stable for Farm Bureau of Idaho Group Members

AM Best has revised outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Farm Bureau Mutual Insurance Co. of Idaho and its \ subsidiary, Western Community …

Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack

CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings and Fitch Ratings all affirmed their current ratings and outlooks for CNA and its subsidiaries and said they believe the …

AM Best Credit Ratings Assigned to Texas’ Upland Specialty Insurance

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Upland Specialty Insurance Co. (Upland Specialty) in Dallas. The outlook assigned to these ratings is stable. Upland Specialty is a …

AM Best Upgrades Credit Ratings of Kemper P/C Group and Its Subsidiaries

AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a-” of the property/casualty subsidiaries and affiliated insurance companies of Kemper Corp., collectively referred …

Oklahoma’s CompSource Mutual Insurance Assigned ‘A’ Rating by AM Best

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to CompSource Mutual Insurance Co. (CompSource Mutual), based in Oklahoma City. The outlook assigned to these ratings is stable. The ratings …