Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

New Markets

Feb 25 2007 // Banking Engagement Insurance Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa. (National Union), a member company of American International Group Inc. (AIG), announced the launch of its Investment...

New Markets

Feb 25 2007 // Trucking Auto Physical Damage Nuts & Bolts: AIX Group Inc., a specialty insurance holding company, has formed a new program to provide automobile physical damage coverage to commercial trucking operations. This...

New Markets

Feb 25 2007 // Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations...

New Markets

Feb 25 2007 // Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The...

A.M. Best: Reforms Create a Profitable Calif. Workers’ Comp Market

Feb 20 2007 // The workers’ compensation environment in California has experienced a metamorphosis over the past few years, changing a historically unprofitable line of business into an appealing and profitable line that has seen...

Best Comments on January Reinsurance Treaty Renewals

Feb 20 2007 // A.M. Best has published a comment on the recently published figures from a number of global reinsurers following the January treaty renewals, mainly focusing on Europe. Best said most “global reinsurers are...

Best Assigns Ironshore ‘A-‘ Rating

Feb 13 2007 // A.M. Best Co. has assigned a financial strength rating (FSR) of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to Bermuda-based Ironshore Insurance Ltd. Concurrently, Best assigned an...

New Markets

Feb 12 2007 // D&O for Small Public Cos. Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market...

New Markets

Feb 12 2007 // Trucking Nuts & Bolts: AIX Group, Inc., a specialty insurance holding company, has formed a program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting...

New Markets

Feb 12 2007 // Long Haul Trucking Program Nuts & Bolts: M.J. Hall and Co. Inc. has a program for long haul truckers garaged in California. It covers liability, physical damage, cargo and trucker’s general liability. The...

New Markets

Feb 11 2007 // Long Haul Trucking Program Nuts & Bolts: M.J. Hall and Co. Inc. has a program for long haul truckers garaged in California. It covers liability, physical damage, cargo and trucker’s general liability. The...

Best Lowers Tokio Marine Pacific Ratings

Feb 9 2007 // A.M. Best Co. has downgraded the financial strength rating to “A+” (Superior) from “A++” (Superior) and the issuer credit rating to “aa-” from “aa+” of Guam-based Tokio...

New Markets

Jan 29 2007 // Real Estate Appraisers Nuts & Bolts: San Diego-based AMIS (Alliance Marketing and Insurance Services) is offering broader package policies for real estate appraisers handling residential and commercial property. This...

New Markets

Jan 29 2007 // Builders & Tradesmen’s Commercial Package Nuts & Bolts: Builders & Tradesmen’s Insurance Services Inc., Rocklin, Calif., has a new commercial package policy available in California underwritten...

New Markets

Jan 29 2007 // Apartment Property Program Nuts & Bolts: Houston-based London American Risk Specialists Inc. has an Apartment Property Program endorsed by the National Apartment Association. The program is available in the...

New Markets

Jan 29 2007 // Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the...

New Markets

Jan 28 2007 // Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the...

New Markets

Jan 28 2007 // Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted...

A.M. Best Affirms Main Street America Group’s ‘A’ Rating

Jan 25 2007 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) of Main Street America Group (MSAG) and its four members led by NGM Insurance Co. and including affiliated insurers Main Street...

Best Affirms New Castle Re Ratings

Jan 9 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Bermuda-based New Castle Reinsurance Company Ltd., and assigned an...