Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Hanover Group Acquires Michigan-Based Professional Liability Carrier
Jun 25 2007 // The Hanover Insurance Group, Inc. has agreed to acquire a professional liability insurer, Professionals Direct, Inc., for $23.2 million. Professionals Direct is the Michigan-based holding company for the Professionals...
Ratings Recap: Travelers, Mapfre (NJ & FL), AXA Art, Progressive (debt)
Jun 19 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and issuer credit ratings (ICR) of “aa-” of Travelers Insurance Companies and its P/C members. Best also affirmed...
My New Markets
Jun 18 2007 // Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical...
My New Markets
Jun 18 2007 // Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection coverage for electronic and non-electronic security events, including phishing, social engineering and physical theft. Sub-limited coverage...
My New Markets
Jun 18 2007 // Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical...
A.M. Best Affirms Employers Holdings’ A- Rating
Jun 7 2007 // Reno, Nev.-based Employers Holdings Inc. announced insurance rating bureau A.M. Best has affirmed its financial strength rating of A- (Excellent) and assigned issuer credit ratings of “a-” to Employers...
My New Markets
Jun 4 2007 // Community Associations Nuts & Bolts: Apogee Insurance Group is offering a new program for eligible classes for this product that includes homeowners, town homes and condominium associations, planned unit developments,...
My New Markets
Jun 4 2007 // Horse Tracks Nuts & Bolts: A program specifically tailored for horse tracks is available through American Specialty Insurance & Risk Services Inc. Coverages available include: general liability (participant legal...
My New Markets
Jun 4 2007 // Community Associations Nuts & Bolts: Apogee Insurance Group is offering a new program for eligible classes for this product that includes homeowners, town homes and condominium associations, planned unit developments,...
My New Markets
Jun 4 2007 // Outbreak Extra Expense Nuts & Bolts: American Underwriting Managers is now offering a product designed to provide businesses with insurance coverage in the event that their business operations are suspended by a...
My New Markets
Jun 4 2007 // Errors & Omissions Nuts & Bolts: Swiss Re launched non-admitted errors and omissions coverage for members of the Independent Insurance Agents and Brokers of America. The product is designed for agencies with...
Ratings Recaps: American Modern; Hallmark Group; Erie; AIG (Notes); Selective; Donegal
Jun 1 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-” of American Modern Insurance Group and its P/C members. Best also...
Ratings Roundup: Safeco; GNY Group; American Road; Auto Owners
May 31 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of the Safeco Insurance Companies and its members. Best has also...
Ratings Roundup: Atrium; Hardy; Beazley; Amlin; Cathedral; RIMAC
May 25 2007 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of Atrium Underwriting plc, the non-operating holding company of Atrium Underwriters Limited (AUL). Best also revised the outlook to positive...
Recent Ratings Recaps: ACE (Aus. & NZ); CCR; Omega; Kiln
May 22 2007 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of ACE Insurance Limited (Australia) and ACE Insurance Limited (New Zealand)...
My New Markets
May 21 2007 // Tow Truck Operators Nuts & Bolts: Swiss Re’s Commercial Insurance and BISYS launched a program for tow truck operators. Policies are underwritten by Westport Insurance Corp., a Swiss Re company, and are backed...
News Currents
May 21 2007 // Dallas National challenges ratings downgrade A.M. Best Co. recently downgraded the financial strength rating of Dallas National Insurance Company (DNIC), Dallas, Texas, and the insurer has challenged that move. DNIC...
My New Markets
May 21 2007 // Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those...
Dallas National challenges ratings downgrade
May 21 2007 // A.M. Best Co. recently downgraded the financial strength rating of Dallas National Insurance Company (DNIC), Dallas, Texas, and the insurer has challenged that move. DNIC President and Chief Executive Officer Chris Nehls...
My New Markets
May 21 2007 // Errors & Omissions, Agents Nuts & Bolts: Insurance agents and brokers now have access to errors and omissions coverage, through Swiss Re’s Commercial insurance market. Swiss Re announced the launch of a...
