June 17, 2011
A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘C’ (Weak) and issuer credit ratings of “ccc” of Florida-based United Automobile Insurance Group and its member, United Automobile Insurance Company. Best has also downgraded …
April 29, 2011
A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a subsidiary of the Miami Gardens-based …
March 4, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Cayman Islands-based Risk Reinsurance Limited (RRL), both with stable outlooks. The ratings reflect RRL’s “superior capitalization and balance sheet strength, profitable …