credit ratings News

AM Best Assigns Ratings to Reamstown, Affirms Ratings of Goodville

AM Best has assigned a financial strength rating (FSR) of A (excellent) and the long-term issuer credit rating (long-term ICR) of “a+” to Reamstown Mutual Insurance Company. The outlook assigned to these credit ratings is stable. Concurrently, AM Best has …

AM Best Downgrades Credit Ratings of California Casualty Group Members

AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of The California Casualty Indemnity Exchange in San Mateo, Calif., and its wholly owned subsidiaries. …

AM Best Revises Outlooks for Virginia Farm Bureau Mutual Insurance Company

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-” for the members of the Virginia Farm Bureau Group: Virginia Farm Bureau Mutual …

AM Best Removes from Under Review, Downgrades Ratings for American Sentinel

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ (Good) from A (Excellent) and the Long-Term Issuer Credit Rating to “bbb” from “a” of American Sentinel Insurance Company of Harrisburg, Penn. …

AM Best Removes MAPFRE NY from Under Review with Negative Implications

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to a­- from a for MAPFRE Insurance Company of New York, based …

A.M. Best: Negative Rating Implications from Wildfires for California Capital And Subsidiaries

AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of California Capital Insurance Co. and its subsidiaries Eagle West Insurance Co., Monterey Insurance Co. and …

A.M. Best Upgrades Credit Ratings of Bunker Hill Insurance Group Members

A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to a- from bbb for the members of Bunker Hill Insurance Group. The outlook of the Long-Term …

A.M. Best Assigns Credit Ratings to Clearwater Select Insurance Company

A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ to Clearwater Select Insurance Company, an insurance company based in Stamford, Conn., that specializes in auto, home, life and business insurance. …

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 Removes Michigan’s Conifer Holdings, Subsidiaries from Under Review

A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Birmingham, Michigan-based Conifer Insurance Co. (Conifer). Also confirmed were …