All the headlines from our AM Best Topic Page, ordered by recency.
Apr 5 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Western Surety Group (Western Surety), previously known as CNA Surety Corp. Group (CNA...
Apr 2 2012 // A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘B++’ (Good) from B+ (Good) and the issuer credit rating to “bbb” from “bbb-” for...
Mar 27 2012 // A.M. Best Co. has downgraded the financial strength rating to ‘B+’ (Good) from ‘B++’ (Good) and issuer credit rating to “bbb-” from “bbb” of New Zealand’s ACS (NZ)...
Mar 23 2012 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of South Dakota-based Missouri Valley...
Mar 21 2012 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Missouri Valley Mutual Insurance Co. (MVM) in Burke,...
Mar 15 2012 // According to A.M. Best Co., the frequency of catastrophe weather events represents the “new normal” for the insurance industry.“The insurance industry continues to be tested as catastrophic weather events...
Mar 5 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Panama’s Compania Internacional de Seguros S.A. (CIS), both with stable...
Feb 28 2012 // A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of Petroleum Marketers Management Insurance Company (PMMIC) of...
Feb 21 2012 // Rating agency A.M. Best’s London office said it has obtained the necessary approvals to establish a branch operation in the Dubai International Financial Center in Dubai, UAE. The new office will serve Middle...
Feb 14 2012 // 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 of “a” of Concord Group Insurance Pool and its...
Feb 6 2012 // The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate sharply in 2011, as catastrophe-related losses throughout the year wreaked...
Feb 1 2012 // A.M. best has downgraded the financial ratings of FFVA Mutual Insurance Co. due to underwriting losses on its workers’ compensation line of business, especially in states where it expanded outside of Florida.A.M....
Jan 30 2012 // A.M. Best has downgraded the financial ratings of Peachtree Casualty Insurance Co., citing the insurer’s poor underwriting results due in part to rising costs associated with Florida’s troubled no-fault...
Jan 24 2012 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “aa-” from “a-” of Montpelier US...
Jan 23 2012 // A.M. Best Co. issued a stable 2012 outlook for P/C personal lines segment. That implies that the majority of 2012 rating actions for this segment are likely to be affirmations, with a fairly balanced distribution of...
Jan 9 2012 // The rating outlook for U.S. commercial property/casualty insurance remains negative, while the outlook for personal lines is stable, according to a briefing from A.M. Best Co.The ratings firm said it continues to maintain...
Dec 29 2011 // The ratings of Dallas-based commercial property/casualty insurance company Gramercy Insurance Co. (GIC) have been downgraded by A.M. Best Co.The company’s financial strength rating was lowered to B (Fair) from B+...
Dec 27 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Bermuda-based Evergreen Reinsurance Company, Ltd. (ERCL), both with stable outlooks....
Dec 22 2011 // A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bb+” from “bb” and affirmed the financial strength rating of B (Fair) of Russia’s OJSC Transsiberian...
Dec 20 2011 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-” of Austin Mutual Insurance Company (AM) in Maple Grove, Minn....