Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

AM Best: Credit Ratings of Brotherhood Mutual Insurance Downgraded

Jan 17 2019 // AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” from “a” of Brotherhood Mutual Insurance Co. (Brotherhood) in...

AM Best: Credit Rating Outlook Negative for Atain Insurance Cos.

Jan 15 2019 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICRs of “a+” of Atain...

AM Best: Negative Rating Implications from Wildfires for California Capital and Subsidiaries

Jan 7 2019 // AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of California Capital Insurance Co. and its...

A.M. Best: Negative Rating Implications from Wildfires for California Capital And Subsidiaries

Dec 21 2018 // AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of California Capital Insurance Co. and its...

9 Month Results Show U.S. P/C Insurance Pivot to Big Profit: A.M. Best

Dec 17 2018 // The U.S. property/casualty insurance industry’s net underwriting income has so far swung from a massive loss in 2017 to substantial profit, according to an A.M. Best report.Carriers booked $3.5 billion in net...

AM Best: Outlooks Revised to Stable for Texas Farm Bureau Insurance Companies

Dec 14 2018 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas Farm Bureau...

AM Best Downgrades Ratings of Mercury in California, Wildfires a Factor

Dec 12 2018 // AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” for the members of Los...

A.M. Best Sees Private Passenger Auto Turnaround, Stable Outlook for 2019

Dec 10 2018 // Ratings analysts at A.M. Best said improved underwriting performance in the private passenger auto line of business, lower—albeit still elevated— catastrophe experience and favorable investment returns have convinced...

Best Upgrades Credit Ratings of Florida-Based Bankers Insurance Co., Subsidiaries

Dec 10 2018 // AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Bankers Insurance Co., headquartered...

9 Month Results Show U.S. P/C Insurance Pivot to Big Profit: A.M. Best

Dec 3 2018 // The U.S. property/casualty insurance industry’s net underwriting income has so far swung from a massive loss in 2017 to substantial profit, according to an A.M. Best report.Carriers booked $3.5 billion in net...

Issuer Credit Rating of Texas Mutual Insurance Upgraded by A.M. Best

Nov 29 2018 // A.M. 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 Texas Mutual Insurance Company (Texas...

Credit Ratings of Texas Hospital Insurance Exchange Upgraded

Nov 28 2018 // A.M. Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Texas Hospital Insurance...

A.M. Best: National Farmers Union Property and Casualty Ratings Under Review

Nov 26 2018 // A.M. Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of National Farmers Union Property and Casualty...

A.M. Best Discusses What’s Ahead for UK Insurers as Brexit Deadline Looms

Nov 21 2018 // When the UK withdraws from the EU, and at the end of any transition period, passporting rights that currently exist between the UK and countries in the European Economic Area (EEA) are expected to cease, said A.M. Best in...

A.M. Best Upgrades Credit Ratings of Kansas’ Upland Mutual Insurance

Nov 21 2018 // A.M. Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Upland Mutual Insurance Inc. in...

A.M. Best Assesses Wildfires’ Effect on Home Insurance Market, Insurers’ PG&E Exposure

Nov 20 2018 // Roughly one-in-10 insurers have exposures to PG&E bonds, which could potentially used to payout on losses from the California wildfires, according to ratings agency A.M. Best.It was recently determined that a second...

Credit Ratings of Wisconsin Mutual Insurance Upgraded

Nov 20 2018 // A.M. 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 Wisconsin Mutual Insurance Co. (Wisconsin Mutual)...

How Insurance Industry Might React to ‘New Normal’ of California’s Historic Wildfires

Nov 13 2018 // The “new normal” for California has yielded another year of record wildfires and billions of dollars in insured losses. Homeowners insurance rates inch up in high risk areas, and carriers get more cautious...

Credit Ratings of Houston International Insurance Group Subsidiaries Under Review

Nov 8 2018 // A.M. Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Houston Specialty...

A.M. Best Downgrades Ratings of Tokio Millennium Re, Puts RenRe Under Review

Nov 5 2018 // A.M. Besthas downgraded the financial strength rating to A+ (Superior) from A++ (Superior) and the long-term issuer credit rating to “aa-” from “aa+” of Tokio Millennium Re AG (TMR) (Switzerland)....