Industry Rating Services Updates

The following press releases feature information regarding the Property/Casualty insurance market.

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AM Best Revises Outlooks to Stable for Old Glory Insurance Company: AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of ...
Date: February 14, 2019    
AM BestTV: Directors and Officers Buffeted by Litigation, #MeToo Movement, Complex Risks, Say AM Best Analysts: In this episode of AM BestTV, Sridhar Manyem, director, and David Blades, associate director, both in industry research with AM Best, said many insurers that ...
Date: February 13, 2019    
Best’s Market Segment Report: Reinsurance: Will Investor Losses Lead to a Rising Tide for Reinsurance Pricing?: Pricing in the global reinsurance sector remains disappointing following the Jan. 1, 2019, renewals, according to a new AM Best report, as expected rate ...
Date: February 11, 2019    
AM Best Senior Executives to Address 2019 Florida Insurance Market Summit: AM Best Senior Managing Director Andrea Keenan and Managing Director James Gillard will address the Florida Insurance Market Summit, an invitation-only event ...
Date: February 8, 2019    
AM Best Affirms Credit Ratings of The Hartford Steam Boiler Group’s Members: AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the members of ...
Date: February 7, 2019    
AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of T.H.E. Insurance Company: AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit ...
Date: February 7, 2019    
AM Best Downgrades Credit Ratings of Guardian Insurance Company, Inc. and Echelon Property & Casualty Insurance Company: AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” ...
Date: February 6, 2019    
AM Best to Host Webinar on the Future of Claims Management: The insurance claims process is changing and evolving more rapidly than at any time in nearly a century. In a one-hour webinar, a panel of insurance industry ...
Date: February 5, 2019    
AM Best Upgrades Credit Ratings of Northwest G.F. Mutual Insurance Company: AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of Northwest G.F. ...
Date: February 5, 2019    
AM Best Upgrades Credit Ratings of Oklahoma Farm Bureau Mutual Insurance Company and Its Subsidiary: AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bbb” from “bbb-” for the members of ...
Date: February 5, 2019    
AM Best Upgrades Credit Ratings of Auto Club Insurance Company of Florida: AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Auto Club ...
Date: January 31, 2019    
AM Best Downgrades Issuer Credit Rating of ACMAT Corporation and ACSTAR Insurance Company: AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” of ACMAT Corporation (ACMAT) (Farmington, CT) [OTC Market: ...
Date: January 30, 2019    
Best’s Market Segment Report: Emerging Risks, Greater Complexity Challenge Directors and Officers Insurers: Profitability in the U.S. directors and officers liability (D&O) insurance market remains pressured as claims trends continue to be unfavorable amid a pricing ...
Date: January 29, 2019    
AM Best Removes From Under Review With Negative Implications, Downgrades Credit Ratings of MAPFRE Insurance Company of New York: AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the ...
Date: January 29, 2019    
AM BestTV: U.S. Non-Standard Auto Insurers See Improved Results, Face Obstacles, Say AM Best Analysts: In this episode of AM BestTV, David Blades, associate director, and Bob Skrabal, financial analyst, both of AM Best, review a recent market segment report that ...
Date: January 28, 2019    
AM BestTV: Complex Catastrophe Losses Are Having a Wider Impact, Says AM Best Chief Rating Officer: In this episode of AM BestTV, Stefan Holzberger, senior managing director and chief rating officer, AM Best, said recent hurricanes and wildfires created ...
Date: January 25, 2019    
AM BestTV: Partial Federal Shutdown Hampers U.S. Insurers’ National Efforts: In this episode of AM BestTV, attendees at the Insurance Information Institute’s Joint Industry Forum in New York City said the partial shutdown of the U.S. ...
Date: January 24, 2019    
AM BestTV: Property/Casualty Insurers’ Outlook for 2019 Positive, But With a Chance of Upheaval: In this episode of AM BestTV, attendees at the Insurance Information Institute’s Joint Industry Forum in New York City said the industry has demonstrated its ...
Date: January 22, 2019    
AM Best Upgrades Credit Ratings of Greenville Casualty Insurance Company: AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) and the Long-Term Issuer Credit Rating to “bb” from “bb-” of Greenville Casualty ...
Date: January 22, 2019    
AM BestTV: AM Best Director Discusses Factors Behind Raised Estimate for Insurance Asbestos and Environmental Exposures: In this episode of AM BestTV, Brian O’Larte, director, AM Best, discusses a recent market segment report that examines insurers’ obligations for ...
Date: January 18, 2019    
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