All the headlines from our AM Best Topic Page, ordered by recency.
Jun 9 2000 // Following an evaluation of the group’s worse-than-expected first quarter underwriting results and unfavorable operating trends, A.M. Best Co. downgraded the financial strength rating of Reliance Insurance Group from...
Jun 6 2000 // A.M. Best has lowered the financial strength rating of the Progressive Casualty Pool to A + from A++, reflecting the group’s downturn in its operating earnings, intense price competition in its predominant personal...
May 30 2000 // A.M. Best Co.’s year-end review of insurance carriers with concentrated exposure to the volatile California workers’ comp market culminated in the downgrades of three large carriers in this market over the past...
May 16 2000 // A.M. Best Co., one of the nation’s largest rating agencies, has downgraded the financial strength rating of the Ohio Casualty Group to A (Excellent) from A+ (Superior). The rating change reflects the group’s...
May 2 2000 // The losses at Lloyd’s, actual and projected, were not deemed serious enough, as yet, to warrant any change in Lloyd’s A (Excellent) rating by A.M. Best. It affirmed Lloyd’s capital strength, based on the...
May 1 2000 // Following the resignation of two key Conseco executives on Friday, A.M. Best has lowered the financial strength ratings for the company’s leading life and health subsidiaries to A-minus from A. The ratings will...
May 1 2000 // In a rating action taken on April 21, A.M. Best Co. again downgraded the financial strength ratings of all Frontier Insurance Group Inc. (Frontier) insurance subsidiaries (Frontier Insurance Co., United Capitol Insurance...
Apr 24 2000 // The financial strength rating of Frontier Insurance Group and its subsidiaries has been downgraded from B to C++, reflecting the group’s increased financial vulnerability stemming from additional losses incurred as...
Apr 3 2000 // By Sky Barnhart“After five years of product being given away, it’s a crazy, crazy market, and it’s put a lot of people on the producers’ side out of business.” “Turbulent and...
Feb 1 2000 // The number of independent property/casualty insurance groups increased from 8 percent to 10 percent in 1999, according to a study by A.M. Best Co. Best expects one-third of the remaining groups to lose what it calls...