AM Best: Unfavorable Operating Performance Key Driver of Downgrades September 11, 2024 Deteriorating market conditions and rising loss costs led to a 60 percent increase in rating downgrades of AM Best-rated U.S.-based...
AM Best Downgrades Credit Rating of Louisiana Farm Bureau Mutual June 18, 2024 AM Best announced it has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer...
Insurer Downgrades Jumped in 2018 But Were Still Outnumbered by Upgrades: A.M. Best August 17, 2018 Catastrophic weather events in 2017 helped spur an increase in rating downgrades for the U.S. property/casualty (P/C) industry during the...
A.M. Best Downgrades Ratings of South Carolina Farm Bureau Group Members March 11, 2015 A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit ratings to...