credit ratings News

AM Best Revises Outlooks to Positive for New Hampshire’s Concord Group

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (excellent) and the long-term issuer credit ratings (ICRs) of a+ for New Hampshire-based Concord Group. “The ratings of Concord Group reflect …

AM Best Revises Outlooks to Negative for Quincy Mutual Group Members

AM Best has revised the outlooks to negative from stable and affirmed the financial strength rating of A+ (superior) and the long-term issuer credit ratings of aa- for the members of Quincy Mutual Group. The group includes the lead company, …

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. …