AM Best News

Outlooks Upgraded to Stable for Michigan’s Farmers Mutual Insurance

A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b” of Farmers Mutual Insurance Company of Michigan (FMIBC) in Coldwater, Michigan. The ratings …

UK Insurers Push Ahead with Brexit Plans in Absence of Trade Deal: A.M. Best Report

In the absence of a Brexit trade deal between the United Kingdom and the European Union, insurers in the UK have accelerated their plans to establish new EU subsidiaries and ensure business continuity after Brexit, according to a report published …

A.M. Best Upgrades Credit Ratings of Bunker Hill Insurance Group Members

A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to a- from bbb for the members of Bunker Hill Insurance Group. The outlook of the Long-Term …

A.M. Best: Credit Ratings of Indiana’s Yosemite Insurance Under Review

A.M. Best has placed under review with developing implications the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Yosemite Insurance Co. (Yosemite) in Evansville, Indiana. The Credit Rating (rating) actions follow the recent …

A.M. Best Revises Outlooks to Negative for Wisconsin Municipal Mutual Insurance

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” for Wisconsin Municipal Mutual Insurance Co. (WMMIC) in Madison, Wisconsin. The company provides …

A.M. Best Assigns Credit Ratings to Clearwater Select Insurance Company

A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ to Clearwater Select Insurance Company, an insurance company based in Stamford, Conn., that specializes in auto, home, life and business insurance. …

A.M. Best Downgrades Ratings of Pacific Specialty Insurance Group in California

A.M. Best has downgraded the Financial Strength Ratings to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” from “a” of Pacific Specialty Insurance Co. and Pacific Specialty Property and Casualty Co., collectively referred to as …

A.M. Best Assigns Credit Ratings to Delaware’s Auto-Owners Specialty Insurance

A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- to Auto-Owners Specialty Insurance Company (AOSIC) of Dover, Del. The outlook assigned to these ratings is stable. These ratings reflect AOSIC’s …

A.M. Best: Outlooks Negative for National Lloyds, American Summit Insurance

A.M. 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 National Lloyds Insurance Co. Concurrently, A.M. Best has revised …

Outlooks Revised to Stable for North Dakota’s Center Mutual Insurance

A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Center Mutual Insurance Co. in Rugby, North Dakota. The ratings reflect Center …