AM Best Assigns Preliminary Credit Assessment to Sabal Specialty Insurance Company, Inc.
: AM Best has assigned a Preliminary Credit Assessment (PCA) to Sabal Specialty Insurance Company, Inc. (Sabal Specialty) (Delaware) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Asses...
Date: August 1, 2025
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AM Best Affirms Credit Ratings of Palms Insurance Company, Limited and Palms Specialty Insurance Company, Inc.
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Palms Insurance Company, Limited (Palms) (George Town, Cayman Islands). Co...
Date: August 1, 2025
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AM Best Downgrades Credit Ratings of Allegany Insurance Group’s Members
: AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of the members of Allegany Insurance Group (Allegany)....
Date: August 1, 2025
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Playback Now Available for AM Best-Hosted Webinar on Navigating Construction Risk
: Video playback is now available for a complimentary webinar titled “Navigating Construction Risk: Evolving Exposures, Strategic Solutions,” hosted by AM Best and sponsored by Munich Re Specialty. Access it here.
The construc...
Date: August 1, 2025
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AM Best Places Credit Ratings of Puritan Life Insurance Company of America Under Review With Developing Implications
: AM Best has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Puritan Life Insurance Company of America (Puritan) (Scottsdal...
Date: August 1, 2025
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AM Best Affirms Credit Ratings of Members of Farmers Insurance Group
: 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 Farmers Insurance Group (Farmers). At the same time, AM Be...
Date: August 1, 2025
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AM Best to Present Insurance Industry Outlooks at 2025 NAIC/NIPR Insurance Summit
: AM Best Director Alan Murray will deliver a presentation on the rating agency’s insurance market sector outlooks at the 2025 Insurance Summit, which will take place Sept. 15-17, in Kansas City, KS.
Murray’s session is sched...
Date: August 1, 2025
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AM Best Affirms Credit Ratings of Beazley’s Lloyd’s Syndicates and Beazley plc Subsidiaries
: AM Best has affirmed the Financial Strength Ratings (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Lloyd’s Syndicate 2623, Lloyd’s Syndicate 623, Lloyd’s Syndicate 3623 a...
Date: August 1, 2025
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AM Best Assigns Credit Ratings to Professionals Advocate Risk Retention Group, Inc.
: AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Professionals Advocate Risk Retention Group, Inc. (ProAd RRG) (Hunt Valley, MD), a new subsidiary of...
Date: August 1, 2025
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AM Best Assigns Issue Credit Ratings to Chubb INA Holdings LLC’s Senior Unsecured Bonds
: AM Best has assigned Long-Term Issue Credit Ratings of “a+” (Excellent) to Chubb INA Holdings LLC (Chubb) (Delaware) recently announced CNY 4.5 billion (approximately USD 626 million) issuance of senior unsecured bonds in the...
Date: July 31, 2025
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AM Best Affirms Credit Ratings of Lloyd’s, Its Rated Subsidiaries and Society of Lloyd’s
: AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Lloyd’s (United Kingdom), Lloyd’s Insurance Company (China) Limited (Lloyd’s C...
Date: July 31, 2025
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Most Popular Best's Review Articles Include ‘Top Global Insurance Brokers’ and More
: In the past 30 days, Best’s Review readers have been most interested in the following insurance news coverage:
“Top Global Insurance Brokers – 2025 Edition” provides a ranking of the top 20 global insurance brokers bas...
Date: July 31, 2025
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AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
: 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 property/casualty subsidiaries of The Hanover Insurance Group, Inc. ...
Date: July 31, 2025
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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+” (Superior) of the members of The Hartford Steam Boiler Group (HSB). The outlook of th...
Date: July 31, 2025
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AM Best Upgrades Credit Ratings of Somerset Reinsurance Ltd. and Somerset Reinsurance Company
: AM Best has upgraded the Financial Strength Ratings to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Somerset Reinsurance Ltd. (Somerset Re) (Hamilton, B...
Date: July 31, 2025
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AM Best Releases Revised Criteria Procedure: ‘Best’s National Scale Ratings’
: AM Best has released its revised criteria procedure, “Best’s National Scale Ratings” (NSR), which is effective immediately.
AM Best initiated a Call for Comment (CFC) related to the NSR criteria procedure on March 24, 2025,...
Date: July 31, 2025
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AM Best Revises Outlooks to Stable for Individual Assurance Company, Life, Health & Accident; LifeShield National Insurance Co.
: AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of Individual Assurance Company, Life, Health & Acciden...
Date: July 30, 2025
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AM Best Upgrades Credit Ratings of New Horizon Insurance Company
: AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of New Horizon Insurance Company (NHIC) (Houston, TX). The out...
Date: July 29, 2025
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Best’s Market Segment Report: U.S. Crop Insurance Writers Benefit as Weather Impacts Ease
: After experiencing a decline in 2024, crop insurance premium volume is expected to hold steady in 2025, according to a new report from AM Best.
Underwriting results for the segment have improved significantly amid more favor...
Date: July 29, 2025
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AM Best Revises Issuer Credit Rating Outlooks to Stable for California Casualty Group Members
: AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICRs of “bb+” (Fair) of The Calif...
Date: July 25, 2025
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