AM Best Withdraws Credit Ratings of Rockingham Insurance Company and Its Affiliates
: AM Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) “bbb+” (Good) of Rockingham Insurance Company and its pooled affiliates: Rockingham Casualty Compa...
Date: May 8, 2024
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AM Best Assigns Credit Ratings to Berliner Re Reinsurance Company Inc.
: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Berliner Re Reinsurance Company Inc. (Berliner) (Barbados). The outlook assigned to these Credit R...
Date: May 8, 2024
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AM Best Affirms Credit Ratings of Popular Life Re
: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Popular Life Re (PLRe) (Puerto Rico). PLRe is a life reinsurance subsidiary of its ultimate parent, P...
Date: May 8, 2024
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AM Best Revises Outlooks to Positive for Members of Healthcare Providers Insurance Group
: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Healthcare Providers Insurance Company and it...
Date: May 8, 2024
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AM Best to Present and Exhibit at IASA Xchange 2024
: AM Best will deliver a presentation and exhibit at the IASA Xchange 2024, which will take place June 2-5, 2024, in Pittsburgh, PA, June 2-5, 2024.
At the event, AM Best Senior Director of Credit Rating Criteria Research & ...
Date: May 8, 2024
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AM Best Assigns Credit Ratings to Guilderland Reinsurance Company; Affirms Credit Ratings of Knight Insurance Company Ltd. and Its Affiliates
: AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Guilderland Reinsurance Company (GRC) (New York, NY). The outlook assigned t...
Date: May 7, 2024
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AM Best Upgrades Issuer Credit Rating of Zale Indemnity Company
: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Zale Indemnity Company (ZIC) (Dallas, TX). The outlo...
Date: May 7, 2024
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Best's Review Looks at Litigation, Insurers and Their Outside Counsel
: The May issue of Best’s Review examines the current state of the relationship between insurers and their outside counsel:
“For the Defense: Insurers’ Cost-Cutting Mindset Strains Relationship With Defense Counsel” feat...
Date: May 7, 2024
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AM Best to Be Joined by Conning for Analytical Briefing on Delegated Underwriting Authority Enterprises Market
: Senior analytical and research staff from AM Best and Conning will discuss market conditions and growth within the Delegated Underwriting Authority Enterprises (DUAE) segment during an online briefing on May 23, 2024 at 2 p.m...
Date: May 6, 2024
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AM Best Revises Issuer Credit Rating Outlook to Negative and Affirms Credit Ratings of Members of Builders Mutual Insurance Group
: AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Bu...
Date: May 3, 2024
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AM Best Affirms Credit Ratings of Blue Whale Re Ltd.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Blue Whale Re Ltd. (Blue Whale) (Burlington, VT). The outlook of these Credit Ratings (ratings)...
Date: May 2, 2024
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AM Best Affirms Credit Ratings of General Reinsurance Corporation and Its Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of General Reinsurance Corporation (headquartered in Stamford, CT) and its...
Date: May 2, 2024
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AM Best Upgrades Credit Ratings of AmeriTrust Group Members
: AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of the members of AmeriTrust Group ...
Date: May 2, 2024
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AM Best Downgrades Issuer Credit Rating of Western Mutual Insurance Pool’s Members, Affirms Financial Strength Rating
: AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Western Mutual Insurance Pool’s members: Wester...
Date: May 2, 2024
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AM Best Affirms Credit Ratings of Donegal Insurance Group Members and Donegal Group Inc.
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Donegal Insurance Group (Donegal Group). Concurrently, AM ...
Date: May 2, 2024
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Best’s Special Report: Highly Innovative Personal Auto Carriers Have Significant Competitive Edge
: U.S. personal auto insurers are the furthest ahead when it comes to innovative processes like automated claims management and the use of data to automate underwriting, according to a new AM Best report.
Not all auto writers...
Date: May 2, 2024
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AM Best to Host Webinar on Top 5 Auto Insurance Trends of 2023
: AM Best will host a complimentary webinar titled “Key Insights for the Road Ahead: Top 5 Auto Insurance Trends of 2023,” sponsored by LexisNexis Risk Solutions, on Wednesday, May 22, 2024, at 2:00 p.m. ET.
As U.S. auto insu...
Date: May 1, 2024
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Best’s Market Segment Report: U.S. Medical Professional Liability Segment’s Profitability Buoyed by Net Investment Income
: Premium growth for AM Best’s medical professional liability (MPL) composite moderated to 3.6% in 2023, but overall financial results were buoyed by favorable net investment income, according to a new AM Best report. The premi...
Date: May 1, 2024
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AM Best Revises Outlooks to Positive for One Alliance Insurance Corporation
: AM Best has revised the outlook to positive from stable for the Financial Strength Rating (FSR) and revised the outlook to positive from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the FSR of ...
Date: May 1, 2024
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AM Best Upgrades Credit Ratings of Hamilton Re, Ltd. and Hamilton Insurance Designated Activity Company
: AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Hamilton Re, Ltd. (Hamilton Re) (Pembroke, Bermuda) a...
Date: April 30, 2024
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