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a.m. best co.

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A.M. Best Withdraws Ratings of Atlantic Insurance Company
OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength rating of A+ Superior and issuer credit rating of ?aa-? of Atlantic Insurance ...
Tags: A.M. Best Co., Scottsdale Insurance Co.
Research articles 2009-03-13
A.M. Best Downgrades Ratings of FBL Financial Group, Inc. and Its Subsidiaries
OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating FSR to B++ Good from A- Excellent and the issuer credit rating ICR to ...
Tags: A.M. Best Co., EquiTrust Life Insurance Co., FBL Financial Group Inc.
Research articles 2009-02-27
A.M. Best Comments on Ratings of Catlin Group Limited and Its Subsidiaries
OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of Catlin Group Limited Catlin Bermuda and its subsidiaries remain unchanged following the publication of the group's full year 2008 results. A.M. Best believes that Catlin's consolidated risk-adjusted capitalisation will remain strong, despite a significant reduction in shareholders'...
Tags: A.M. Best Co., Catlin Group Ltd.
Research articles 2009-02-13
A.M. Best Downgrades Ratings of Kingsway Financial Services Inc. and Several Operating Subsidiaries; Places Ratings Under Review With Negative Implications
OLDWICK, N.J. -- A.M. Best Co. has downgraded the issuer credit ratings ICR and senior debt ratings to "b-" from "b" of Kingsway Financial Services Inc. KFSI (Mississauga, Ontario) and Kingsway America Inc. KAI (Elk Grove Village, IL). In addition, A.M. Best has downgraded the financial strength rating FSR to...
Tags: A.M. Best Co., Kingsway Financial Services Inc.
Research articles 2009-02-13
A.M. Best Revises Outlook to Negative for Nationwide Group and Its Members
OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating FSR of A+ Superior and issuer credit ratings ICR of "aa-" of Nationwide Group Nationwide and its four property/casualty pooled members and twenty-two reinsured affiliates. Concurrently, A.M. Best has revised...
Tags: A.M. Best Co., Nationwide Mutual Insurance Co.
Research articles 2009-01-27
A.M. Best Downgrades Ratings of Kingsway Financial Services Inc., Kingsway America Inc. and Several Operating Subsidiaries
OLDWICK, N.J. -- A.M. Best Co. has downgraded the issuer credit ratings ICR to "b" from "bb-" of Kingsway Financial Services Inc. KFSI (Mississauga, Ontario) and Kingsway America Inc. KAI (Elk Grove Village, IL). Concurrently A.M. Best has downgraded the financial strength rating FSR to C++ Marginal from B- Fair...
Tags: A.M. Best Co., Kingsway Financial Services Inc.
Research articles 2009-01-22
A.M. Best Affirms Ratings of PartnerRe Group, Its Members and PartnerRe Ltd
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A+ Superior and issuer credit ratings of "aa-" of PartnerRe Group PartnerRe (Hamilton, Bermuda) and its members. Concurrently, A.M. Best has affirmed the ICR of "a-" and debt ratings of PartnerRe's parent, PartnerRe Ltd. (Hamilton, Bermuda)...
Tags: A.M. Best Co., PartnerRe Ltd.
Research articles 2009-01-20
A.M. Best Affirms Ratings of Northbridge Financial Corp and Its Subsidiaries
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength ratings FSR of A Excellent and issuer credit ratings ICR of "a" of Markel Insurance Company of Canada Markel (Toronto, Ontario), Federated Insurance Company of Canada Federated (Winnipeg, Manitoba), Commonwealth Insurance Company Commonwealth (Vancouver, B.C.), Commonwealth Insurance Company of...
Tags: A.M. Best Co., Federated Insurance Co., Lombard General, Northbridge Financial Corp.
Research articles 2009-01-19
A.M. Best Reaffirms ProMutual Group's A- (Excellent) Rating
One of the leading medical liability insurance companies in the Northeast, ProMutual Group, recently received its thirteenth consecutive A- Excellent rating from A.M. Best Company. The nation's most recognized insurance rating organization based its independent opinion on the company's financial history, overall capitalization, underwriting practices and conservative reserving practices. ...
Tags: A.M. Best Co., ProMutual Group
Research articles 2008-11-25
A.M. Best Special Report: Treasury Department, Regulators Respond to Global Financial Crisis
OLDWICK, N.J. -- The Treasury Department and banking regulators unveiled several initiatives to unlock frozen credit markets and help restore confidence in the nation's banking system amid a growing global financial crisis. The Treasury Department will directly invest as much as $250 billion in financial institutions as part of the...
Tags: A.M. Best Co., bank, Banking, financial, regulator, U.S. Department of Treasury
Research articles 2008-10-27
A.M. Best to Sponsor and Exhibit at American Bankers Association Annual Convention
OLDWICK, N.J. -- A.M. Best Co. will be sponsoring and exhibiting at the American Bankers Association 2008 Annual Convention, Market Expo & Directors' Forum, November 9-12 at the Hilton San Francisco. Representatives will be available at booth #706 to discuss A.M. Best's interactive credit ratings for U.S. banks. A.M....
Tags: A.M. Best Co., American Bankers Association, bank
Research articles 2008-10-24
A.M. Best Affirms Ratings of Allstate Insurance Group and Allstate Financial; Downgrades Issuer Credit Ratings
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A+ Superior and downgraded the issuer credit ratings ICR to "aa-" from "aa" of Allstate Insurance Group Allstate and its members. Additionally, A.M. Best has downgraded the ICR to "a-" from "a" and the debt ratings...
Tags: A.M. Best Co., Allstate Corp., FINANCE, financial
Research articles 2008-10-23
A.M. Best Downgrades Ratings of The American Road Insurance Company
OLDWICK, N.J. -- 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 The American Road Insurance Company TARIC (Dearborn, MI). The outlook for both ratings is negative. TARIC's capitalization and operating performance has been...
Tags: A.M. Best Co., FINANCE, Ford Motor Co., Insurance
Research articles 2008-10-17
A.M. Best Affirms Ratings of Commonwealth Annuity and Life Insurance Company
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A- Excellent and issuer credit rating ICR of "a-" of Commonwealth Annuity and Life Insurance Company Commonwealth (Worcester, MA). The outlook for both ratings is stable. Commonwealth is a wholly-owned subsidiary of The Goldman Sachs Group,...
Tags: A.M. Best Co., FINANCE, financial, Goldman Sachs Group Inc., Insurance
Research articles 2008-10-16
A.M. Best Special Report: Climate Remains Challenging; U.S. Government Steps In
OLDWICK, N.J. -- U.S. life and annuity companies face an increasingly complex macroeconomic climate, with negative operating and net income trends and continuing adverse capital market conditions through third quarter 2008. Amid failing financial institutions and impending U.S. government intervention, financial flexibility remains diminished. Significant realizable capital erosion remains a...
Tags: A.M. Best Co., annuity, FINANCE, Investment, U.S. Government
Research articles 2008-10-06
A.M. Best Affirms Ratings of Bancinsurance Corporation and Ohio Indemnity Company; Maintains Negative Outlook
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A- Excellent and issuer credit rating ICR of "a-" of Ohio Indemnity Company Ohio Indemnity (Columbus, OH). Concurrently, A.M. Best has affirmed the ICR of "bbb-" of Ohio Indemnity's parent, Bancinsurance Corporation Bancinsurance (OTC BB: BCIS)....
Tags: A.M. Best Co., Bancinsurance Corp., FINANCE, Insurance, SEC
Research articles 2008-10-02
Best's Review: Explains How Insurers Go to Bat for Major League Baseball
OLDWICK, N.J. -- Learn how insurers keep Major League Baseball's owners, teams and star players "safe" in the October issue of Best's Review, the award-winning monthly publication of A.M. Best Co. In the cover story, "Covering the Bases," Senior Editor Robert O'Connor writes from London that specialty insurers like...
Tags: A.M. Best Co., FINANCE, Insurance, MLB
Research articles 2008-09-30
BestWeek: Bond Insurers See Tide Turning in Second Quarter
OLDWICK, N.J. -- After nearly a year of problems, the U.S. financial guaranty insurance industry finally saw its first casualty of the credit crunch in the second quarter, with the deal placing Maryland-based ACA Financial Guaranty into run off, according to a story in BestWeek U.S./Canada. Corporate parent ACA...
Tags: A.M. Best Co., Australian Communications Authority, bond, FINANCE, Insurance, U.S.
Research articles 2008-08-29
A.M. Best Upgrades Ratings of American Southern Group; Upgrades and Affirms Ratings of Bankers Fidelity Life Insurance Company
OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength rating FSR to A Excellent from A- Excellent and issuer credit ratings to "a" from "a-" of American Southern Group American Southern and its members. These ratings apply to American Southern Insurance Company (Topeka, KS), and its wholly-owned and...
Tags: A.M. Best Co., Atlanta, Atlantic, Fidelity Investments, FINANCE, financial
Research articles 2008-08-28
A.M. Best Places Ratings of York Fire & Casualty Insurance Company Under Review with Developing Implications
OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating FSR of B Fair and issuer credit rating ICR of "bb" of York Fire & Casualty Insurance Company York (Mississauga, Ontario) under review with developing implications. These rating actions are a result of the recent announcement by...
Tags: A.M. Best Co., Kingsway Financial Services Inc.
Research articles 2008-08-28
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