Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Downgrades State Farm Florida; Outlook Negative
Jun 18 2009 // A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of State Farm Florida Insurance Co. The rating agency’s...
Ratings: Everest Re (Ireland), Bosna Re, Peace Hills, Farmers (NZ), Swiss Re (debt), Optimum
Jun 18 2009 // Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re...
Florida’s Argus Insurance Downgraded by A.M. Best
Jun 18 2009 // A.M. Best Co. has downgraded the financial strength rating to D (Poor) from C- (Weak) and issuer credit rating to “c” from “ccc-” of Argus Fire & Casualty Insurance Co. of North Miami Beach,...
New Markets
Jun 15 2009 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors General Liability Market...
Ratings Recap: AXA Art, National Interstate, ProMutual, Clearwater
Jun 10 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of AXA Art Insurance Corporation, which is based in New York City. The outlook for both...
Ratings: US Liability, Commercial Casualty, Stonetrust, Continental American, Prime Group, American Agri
Jun 8 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of United States Liability Insurance Group and its members. The outlook for all of the...
Ratings: Guardian, Golden Bear, ARIC, SUIC, First American, Seminole
Jun 5 2009 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb+” of Guardian Insurance Company,...
Ratings: Allianz (Italy), Hatherley, Jamaica, China Ins. (Singapore), Arab Orient
Jun 2 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. The ratings reflect the...
A.M. Best Concerned Over Insurers’ Exposure to the Florida Hurricane Fund
Jun 1 2009 // Based on the recently revised projected claims-paying capacity of the Florida Hurricane Catastrophe Fund (FHCF), rating agency A.M. Best has updated its treatment of reinsurance provided to rated entities from this...
Ratings Recap: GeoVera, Catholic Knights, Auto Owners, Church Mutual
Jun 1 2009 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Calif.-based GeoVera...
A.M. Best Gives CSE Insurance Group A- Rating
Jun 1 2009 // San Francisco-based CSE Insurance Group announced that A.M. Best Co. has reaffirmed the company’s financial strength rating of A-. “The rating and outlook reflect [CSE Insurance’s] excellent...
My New Markets
Jun 1 2009 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Staffing Firms Market Detail: World Wide...
Ratings Recap: Navigators, AIG (So. Am.), Electro Re, Casiopea Re
May 28 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Navigators Insurance Group, which is comprised of Navigators Insurance Company...
Ratings: Rep. Western, Workmen’s Auto, Farmers Union, Town and Country, Sequoia, No. Am. Casualty
May 26 2009 // A.M. Best Co. has upgraded the financial strength rating to ‘B+’ (Good) from ‘B’ (Fair) and issuer credit ratings (ICR) to “bbb-” from “bb” of Arizona-based Republic Western...
Ratings Recap: Georgia Farm, Okla. Farm, State Auto, Premier, Medmarc
May 20 2009 // A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb+” from “a-” of Georgia Farm Bureau Group...
Best Affirms Travelers Ratings; Changes Outlook to Positive
May 19 2009 // A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s...
A.M. Best Downgrades Ratings of Oklahoma Farm Bureau Group
May 19 2009 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit ratings to ‘bbb+’ from ‘a-‘ of Oklahoma Farm Bureau Group and its members, Oklahoma...
Best Analyzes Economic Issues Facing Europe’s Insurance Industry
May 18 2009 // In a recently published special report from BestWeek, A.M. Best analyzes the relative economic strength Europe’s 10 largest insurance groupsand the top five European reinsurers. “Ever since American...
New Markets
May 18 2009 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market...
Ratings Recap: Medical Mutual, Eastern, Kaufmann, Seaworthy
May 15 2009 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of Medical Mutual Insurance Company of...
