AM Best has assigned the recently-formed excess and surplus (E&S) lines insurer, Obsidian Specialty Insurance Company, a financial strength rating of A- (Excellent). Obsidian Specialty is a program fronting carrier serving managing general agents, managing general underwriters and program managers. …
Workpartners, which is part of UPMC Insurance Services, has retained its financial strength rating of A- (Excellent) with a stable outlook from A.M. Best. The A- (Excellent) rating with a stable outlook applies to UPMC Workers’ Compensation Group, which includes …
AM Best has downgraded the Long-Term Issuer Credit Rating to “bbb” from “bbb+” and affirmed the Financial Strength Rating of B++ (Good) of Crusader Insurance Co. The outlook of the Long-Term ICR has been revised to stable from negative while …
AM Best has revised the implications of the under review status to developing from negative for the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of California Capital Insurance Co. and its subsidiaries. …
AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” for the members of Los Angeles, Calif.-based Mercury Casualty Group. The record wildfires …
A.M. Best Company has upgraded the Financial Strength Rating of San Diego, Calif.-based ICW Group Insurance Cos. to “A” (Excellent) from a “Stable” outlook. A.M. Best said its ratings reflect the company’s balance sheet strength as well as its solid …
A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Aspire General Insurance Co. in Rancho Cucamonga, Calif. Aspire General is a …
A.M. Best has downgraded the Financial Strength Ratings to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” from “a” of Pacific Specialty Insurance Co. and Pacific Specialty Property and Casualty Co., collectively referred to as …
A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a” of Grinnell Mutual Reinsurance Co. and …
A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Thousand Oaks, Calif.-based Pacific Compensation Insurance Co. The outlook …
