Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
AM Best Removes from Under Review, Downgrades Ratings for American Sentinel
Feb 21 2019 // 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...
AM Best Revises Status to Developing for California Capital Insurance Co. and Subsidiaries
Feb 20 2019 // 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...
AM Best Revises Outlooks to Negative for Florida-Based Universal North America
Feb 20 2019 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Universal North...
A.M. Best Makes Senior Management Changes, Restructures Organization
Feb 19 2019 // A.M. Best announced that Roger Sellek will step down as CEO of its Europe, Middle East and Africa (EMEA) and Asia Pacific (AP) regions at the end of March. As part of its succession planning process, A.M. Best has also...
Outlooks Revised to Positive for Michigan’s Auto Club Group
Feb 19 2019 // 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 Ratings of “a-” of Dearborn, Michigan-based Auto Club...
Midwest Ratings Roundup
Feb 18 2019 // Upgraded Ratings for Northwest G.F. Mutual Insurance AM Best upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of...
AM Best Upgrades Credit Ratings of Auto Club Insurance Co. of Florida
Feb 7 2019 // AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Auto Club Insurance Company of Florida (ACICF),...
AM Best Upgrades Credit Ratings of Oklahoma Farm Bureau Mutual Group
Feb 6 2019 // AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bbb” from “bbb-” for the members of the Oklahoma Farm Bureau Group:...
AM Best Upgrades Ratings of Greenville Casualty of South Carolina
Feb 4 2019 // AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) and the Long-Term Issuer Credit Rating to “bb” from “bb-” of Greenville Casualty Insurance Co. of Greer, S.C. The...
AM Best: Credit Ratings of Colorado Farm Bureau Under Review With Positive Implications
Feb 1 2019 // AM Best has placed under review with positive implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of Colorado Farm Bureau Mutual Insurance...
AM Best Says Specialty Insurer Exposures to PG&E Bankruptcy Within Risk Appetites
Feb 1 2019 // Specialty companies specifically operating in the utility sector are likely to face substantial claims and losses stemming from the bankruptcy filing by PG&E Corp., the California utility whose equipment is being...
AM Best Removes MAPFRE NY from Under Review with Negative Implications
Jan 30 2019 // 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...
AM Best Upgrades Credit Ratings of Greenville Casualty of South Carolina
Jan 25 2019 // AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) and the Long-Term Issuer Credit Rating to “bb” from “bb-” of Greenville Casualty Insurance Co. of Greer, S.C. The...
AM Best: Credit Ratings of Brotherhood Mutual Insurance Downgraded
Jan 17 2019 // AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” from “a” of Brotherhood Mutual Insurance Co. (Brotherhood) in...
AM Best: Credit Rating Outlook Negative for Atain Insurance Cos.
Jan 15 2019 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICRs of “a+” of Atain...
AM Best: Negative Rating Implications from Wildfires for California Capital and Subsidiaries
Jan 7 2019 // 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...
A.M. Best: Negative Rating Implications from Wildfires for California Capital And Subsidiaries
Dec 21 2018 // 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...
9 Month Results Show U.S. P/C Insurance Pivot to Big Profit: A.M. Best
Dec 17 2018 // The U.S. property/casualty insurance industry’s net underwriting income has so far swung from a massive loss in 2017 to substantial profit, according to an A.M. Best report. Carriers booked $3.5 billion in net...
AM Best: Outlooks Revised to Stable for Texas Farm Bureau Insurance Companies
Dec 14 2018 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas Farm Bureau...
AM Best Downgrades Ratings of Mercury in California, Wildfires a Factor
Dec 12 2018 // 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...
