Latest AM Best Headlines

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

Rating of Michigan’s Wolverine Mutual Insurance Upgraded

Jan 19 2018 // A.M. 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 Wolverine Mutual Insurance Co....

A.M. Best: Ratings Outlooks Negative for Texas-Based Standard Casualty

Jan 18 2018 // 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-” of Standard Casualty Co. (Standard...

Ratings Assigned to Iowa’s Midwest Family Advantage Insurance

Jan 17 2018 // A.M. Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Midwest Family Advantage Insurance Co. (Midwest Advantage). The outlook...

A.M. Best Removes Pacific Compensation Insurance in California from Review

Jan 17 2018 // A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Thousand...

U.S. Reinsurance Outlook Remains Negative for 2018, Says A.M. Best

Jan 10 2018 // Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative...

Commercial Lines Insurance Outlook Improves for 2018, Says A.M. Best

Jan 8 2018 // Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers’ pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. property/casualty industry...

Reinsurance Price Hikes Expected to be Short-Lived: A.M. Best

Jan 8 2018 // While overall market conditions may improve over the near term as a result of catastrophe events in the third quarter of 2017, A.M. Best continues to hold a negative outlook for the global reinsurance sector in 2018.In a...

A.M. Best Withdraws West Virginia National Auto, Downgrades Ratings

Jan 8 2018 // A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and Long-Term Issuer Credit Rating to “bb-” from “bb” of West Virginia National Auto Insurance Co. (Morgantown, WV)....

A.M. Best Upgrades Pennsylvania’s Farmers Mutual Fire Insurance

Jan 8 2018 // A.M. Best has upgraded the Financial Strength Rating of Farmers Mutual Fire Insurance Company of Marble, Penn., to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from...

A.M. Best Withdraws West Virginia National Auto, Downgrades Ratings

Dec 28 2017 // A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and Long-Term Issuer Credit Rating to “bb-” from “bb” of West Virginia National Auto Insurance Co. (Morgantown, WV)....

A.M. Best Affirms Allied World’s Ratings

Dec 22 2017 // Ratings agency A.M. Best has removed Allied World Assurance Co. Ltd. and its divisions from their status as “under review with negative implications” and affirmed Allied World’s financial strength rating...

Reinsurance Price Hikes May Be Short-Lived as Capacity Is Abundant

Dec 22 2017 // While overall market conditions may improve over the near term as a result of catastrophe events in the third quarter of 2017, A.M. Best continues to hold a negative outlook for the global reinsurance sector in 2018.In a...

A.M. Best Downgrades Credit Ratings of California Capital and Subsidiaries

Dec 20 2017 // A.M. 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 California Capital Insurance Co. and its wholly...

A.M. Best Removes Michigan’s Conifer Holdings, Subsidiaries from Under Review

Dec 20 2017 // A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Birmingham,...

A.M. Best Upgrades Pennsylvania’s Farmers Mutual Fire Insurance

Dec 20 2017 // A.M. Best has upgraded the Financial Strength Rating of Farmers Mutual Fire Insurance Company of Marble, Penn., to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from...

A.M. Best Revises Outlooks to Negative for Crusader Insurance in California

Dec 14 2017 // 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 Ratings of “a-” of Crusader Insurance Co.Additionally,...

A.M. Best Upgrades Outlooks for Petroleum Marketers Management Insurance

Dec 13 2017 // A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating A- (Excellent) and the Long-Term Issuer Credit Rating “a-” of Des Moines, Iowa-based Petroleum Marketers...

Tower Group Companies Top List of U.S. P/C Impairments in 2016: A.M. Best

Dec 13 2017 // Of the 14 property/casualty impairments identified for 2016, 11 were members of the Tower Group, with the remaining three composed of two medical professional liability risk retention groups and a commercial lines...

A.M. Best Downgrades GuideOne Insurance Companies’ Credit Ratings

Dec 7 2017 // A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” from “a” of GuideOne Mutual...

A.M. Best Revises Outlooks to Negative for California Mutual Insurance Co.

Dec 7 2017 // 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-” of California Mutual Insurance Co. The...