Latest AM Best Headlines

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

A.M. Best Downgrades Specialty Auto Writer Nevada General

Dec 16 2015 // A.M. Best has downgraded the issuer credit rating to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good) of Nevada General Insurance Co. The outlook for the ICR has been...

A.M. Best Affirms, Withdraws Ratings of Houston’s Delta Lloyds Insurance

Dec 11 2015 // Ratings agency A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Delta Lloyds Insurance Company of Houston Texas (Delta Lloyds). The outlook for both...

Financial Strength Rating Remain Unchanged for Liberty Mutual: A.M. Best

Dec 10 2015 // The financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of “a” for members of Liberty Mutual Insurance Companies (Liberty Mutual), as well as Liberty Mutual Insurance Europe Limited...

Sompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1

Nov 30 2015 // A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo Japan Canopius Reinsurance AG, a wholly owned subsidiary of Canopius Group AG. The outlook...

A.M. Best: Outlook Stable for Missouri Valley Mutual Insurance

Nov 25 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Missouri Valley Mutual Insurance Co. (Missouri Valley)...

A.M. Best: Outlook Improved for 2 Kansas Mutual Insurers

Nov 24 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Bremen Farmers Mutual Insurance Co. (Bremen) in...

A.M. Best Revises Outlook to Positive for Aspen and Its Subsidiaries

Nov 19 2015 // A.M. Besthas revised the outlook for the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of “A” (Excellent) and the ICRs of “a” of Aspen...

A.M. Best Downgrades Georgia-Based Century Casualty Co.

Nov 17 2015 // A.M. Best has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Good) and the issuer credit rating (ICR) to “bb+” from “bbb-” of Century Casualty Co. based in Alpharetta, Ga. The...

Top 25 Workers’ Compensation Insurers: A.M. Best

Nov 16 2015 // The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results,...

A.M. Best Upgrades Issuer Credit Rating of Auto Club Insurance Company of Florida

Nov 5 2015 // A.M. Best has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” of Auto Club Insurance Company of Florida (ACICF) in Tampa. Concurrently, A.M. Best has affirmed ACICF’s financial...

Top 25 Workers’ Compensation Insurers

Nov 2 2015 // The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results,...

A.M. Best: Europe Insurance Market Begins Recovery; Life Sector Drives Growth

Nov 2 2015 // Europe’s largest insurance markets have continued to show some signs of recovery, with many experiencing top-line growth, driven by the life sector, according to a new report by A.M. Best. In general, the increases...

A.M. Best: Outlook Stable for Midwest Builders’ Casualty Mutual, Subs

Oct 29 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” for Midwest Builders’ Casualty Mutual Insurance...

Spain’s Insurance Market has Continued to Show Resilience: A.M. Best

Oct 23 2015 // Spain’s insurance market has continued to show resilience, with companies focusing on profitability as the country’s economy showed further signs of recovery, according to a new report from A.M. Best, entitled...

A.M. Best Turns Outlook to Negative for Greenpath in California

Oct 19 2015 // A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Greenpath Insurance Co. in Rancho Cordova,...

A.M. Best Trend: Negative Insurer Ratings Outnumber Positive in 2015 First Half

Oct 12 2015 // The U.S. property/casualty (P/C) industry’s rating activity over the first half of 2015 turned negative as downgrades and negative outlooks outpaced upgrades and positive outlooks, according to A.M. Best. This...

What’s Driving Surplus Lines Insurance Growth?

Oct 12 2015 // Times are good for surplus lines professionals. The surplus lines industry reached new heights in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion – the highest point in history, reports A.M....

A.M. Best Assigns to ‘A-‘ Rating to Spinnaker Insurance Co.

Oct 7 2015 // A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Spinnaker Insurance Company (Spinnaker), Chicago, Ill. The outlook assigned to both ratings is...

A.M. Best Turns Outlook to Negative for Greenpath in California

Oct 7 2015 // A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Greenpath Insurance Co. in Rancho Cordova,...

Assessing First-Half P/C Insurance Results: A.M. Best

Oct 6 2015 // The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year catastrophic losses,...