Latest AM Best Headlines

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

Ratings Recaps-Chubb Notes; Intrepid; CSI; Mercer; Longpoint Re

May 10 2007 // Standard & Poor’s Ratings Services has assigned its “A” rating to Chubb Corp.’s $800 million, 30-year senior debt drawdown from its universal shelf filing dated March 26, 2007. A.M. Best Co....

A.M. Best Affirms Liberty Mutual, Ohio Casualty Ratings

May 8 2007 // Ratings agency A.M. Best Co. reported that its ratings of Liberty Mutual Insurance Companies in Boston and and its subsidiaries along with those of The Ohio Casualty Corp. of Fairfield, Ohio. remain unchanged following the...

My New Markets

May 7 2007 // Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California.Dollars: Capacity in zones A, B and E is $2,500,000...

My New Markets

May 7 2007 // Mortgage Company E&O/Fidelity BondNuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond,...

My New Markets

May 7 2007 // Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime...

My New Markets

May 7 2007 // Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes:...

My New Markets

May 7 2007 // Outdoor Recreation and HospitalityNuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes:...

My New Markets

May 7 2007 // Outdoor Recreation and HospitalityNuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes:...

New Markets

May 7 2007 // My New MarketsCommercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and...

Dallas National Insurance Company’s President Responds to A.M. Best Rating Downgrade

May 3 2007 // AM Best indicated two weeks ago that they planned to downgrade Dallas National Insurance Company to B++ with a “negative” outlook. AM Best’s primary concern is our Company’s future profitability...

Best Rates Morocco’s Société Centrale de Réassurance ‘B++’

Apr 25 2007 // A.M. Best Co. has assigned a financial strength rating (FSR) of “B++” (Good) and an issuer credit rating (ICR) of “bbb” to Moroccan reinsurer Société Centrale de Réassurance (SCR), with a stable...

My New Markets

Apr 23 2007 // Office/Manufacturers TechnologyNuts & Bolts: Travelers Select Accounts is now offering Technology Office Pac and Technology Manufacturers Pac Plus as part of Master Pac, Travelers’ Business Owner’s Policy...

My New Markets

Apr 23 2007 // Apartments, Habitational, CondominiumsNuts & Bolts: A program manager on behalf of United National Insurance Group is offering packages and mono-line General Liability coverage for apartments, habitational,...

My New Markets

Apr 23 2007 // Directors and Officers LiabilityNuts & Bolts: Navigators Pro is offering directors and officers liability and employment practices liability for all industry sectors. Deductible is minimum, $10,000. Minimum premium is...

Unitrin Group earns another “A” from A.M. Best

Apr 20 2007 // DALLAS, TEXAS – Strong capitalization and improved underwriting performance earned Unitrin Property and Casualty Insurance Group and its members, including Unitrin Specialty, an “A” from insurance credit...

Tornado Losses in N.J., Conn., Ohio Could Top Those of Great Plains States

Apr 18 2007 // Most people associate tornado activity with the “Tornado Alley” of the Great Plains states. While this is true in terms of the sheer numbers of tornadoes and losses, surprisingly, catastrophe modeling shows...

Golden Bear Upgraded by A.M. Best

Apr 11 2007 // Golden Bear Insurance Company has been upgraded to a “B++ VI” rating by A.M. Best Company. The rating reflects the company’s continued underwriting and operating profitability, solid capitalization and...

My New Markets

Apr 9 2007 // Identity Fraud Expense Reimbursement, Small Business Nuts & Bolts: To help the principals of small businesses overcome the effects of identity fraud, Travelers Select Accounts has identity fraud expense reimbursement...

My New Markets

Apr 9 2007 // Logging and Lumbering Nuts & Bolts: O’Donovan & Associates’ Timber Harvester Program is designed to provide customized coverage for the contractor who harvests and hauls timber and related products....

My New Markets

Apr 9 2007 // Skating Rinks, Roller and Ice VenuesNuts & Bolts: American Insurance Alliance is offering Roller and Ice Skating venues that are traditionally difficult to insure general liability coverage. American Insurance...