am best ratings upgrade News

AM Best Upgrades Rating of Texas Hospital Insurance Exchange

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Texas Hospital Insurance Exchange (THIE), based in Austin, Texas. The outlook of the Long …

Credit Rating of Texas’ Pinnacle National Insurance Co. Upgraded

AM Best has upgraded the Long-Term Issuer Credit Rating to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) of Pinnacle National Insurance Co. (Pinnacle National, formerly Alterra America Insurance Co.) in Bedford, Texas. The outlook of …

AM Best Upgrades Credit Rating of Illinois’ American Heartland Insurance

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “ccc-” from “cc” and affirmed the Financial Strength Rating (FSR) of C- (Weak) of American Heartland Insurance Co. (American Heartland) in Skokie, Illinois. Concurrently, AM Best has affirmed …

Ratings of First Chicago Insurance, United Security Health and Casualty Upgraded

Ratings agency AM Best has upgraded the Financial Strength Rating (FSR) to B- (Fair) from C++ (Marginal) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb-” from “b+” of First Chicago Insurance Co. (FCIC). The outlook of these ratings …

AM Best Upgrades Issuer Credit Rating of Louisiana Workers’ Comp Insurer Stonetrust

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. The ratings outlook remains stable. …

Ratings of Louisiana Farm Bureau Mutual Insurance Upgraded

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Louisiana Farm Bureau Mutual Insurance Co. (Louisiana Farm Bureau) in Baton Rouge, Louisiana. The outlook …

AM Best Upgrades Credit Ratings of Oklahoma Farm Bureau Mutual Group

AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bbb” from “bbb-” for the members of the Oklahoma Farm Bureau Group: Oklahoma Farm Bureau Mutual Insurance Co. and …

Credit Ratings of South Dakota’s Northwest G.F. Mutual Insurance Upgraded

AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of Northwest G.F. Mutual Insurance Co. (NWGF), a small farm and personal lines insurer in Eureka, …

Issuer Credit Ratings of Grinnell Mutual Reinsurance, Subsidiary Upgraded

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Grinnell Mutual Reinsurance Co. and its subsidiary, Grinnell Select Insurance Co., in Grinnell, Iowa. …