A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of National Fire and Indemnity Exchange (NIE) of St. Louis, Mo. A.M. Best …
A.M. Best Co. has downgraded the financial strength rating to C (Weak) from B (Fair) and issuer credit rating to “ccc” from “bb” of National Automotive Insurance Co. (National Automotive) of Metairie, La. The outlook for both ratings is negative. …
On Mar. 1, A.M. Best said that the “A-minus” financial strength ratings of members of Meadowbrook Insurance Group Inc. remain under review with negative implications — a status that has been in place since Oct. 19, 2012 — in spite …
A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and issuer credit rating of “a-” to Bearing Midwest Casualty Co. (Bearing) and Horizon Midwest Casualty Co. (Horizon). The outlook assigned to these ratings is stable. Concurrently, …
A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit ratings of “bbb” of Motors Insurance Corp. and its reinsured subsidiaries, MIC Property and Casualty Insurance Corp. and CIM Insurance Corp., collectively referred to as …
A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb+” from “a-” of McMillan-Warner Mutual Insurance Co. (MWM) of Marshfield, Wis. The outlook for both ratings has been …
A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “a” from “a+” and affirmed the financial strength rating (FSR) of A (Excellent) of Grinnell Mutual Reinsurance Co. (Grinnell) and its subsidiary, Grinnell Select Insurance Co. Both are headquartered …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Reinsurance Company and its subsidiaries. Best also affirmed all of Munich Re’s debt rating. The outlook for all …
Fitch Ratings has downgraded the long-term National Scale ratings of 12 insurance companies in Argentina, and has also revised the companies’ rating outlooks to negative from stable. Fitch said it took the rating actions following its Nov. 27 downgrade of …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Illinois-based Zurich American Insurance Company (Zurich US) and its property/casualty pooling affiliates. Zurich US and its affiliates are subsidiaries of …
