Best's rating changes.This edition of Best's Rating Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. Changes reflects all rating changes--assignments, changes or placed trader review--that occurred for life, health and property/casualty insurers domiciled dom·i·cile n. 1. A residence; a home. 2. One's legal residence. v. dom·i·ciled, dom·i·cil·ing, dom·i·ciles v.tr. 1. in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , as well as international insurance companies, since this section last appeared in the October October: see month. 2006 edition of Best's Review. See page 22 for the current Guide to Best's Financial Strength Ratings or visit the A.M. Best Co. Web site at www.ambest.com/ratings/guide.html for detailed rating definitions. The A.M. Best rating of any company and basic company information also are available free of charge at www.ambest.com/ratings/access.html.
Ratings Changed
Rating Current Previous
Action Company Name & Domicile AMB# Rating Rating
Life
Blue Cross and Blue Shield of MA 64562 NR-3 B++ pd
US: Massachusetts
-- CareFirst of Maryland Inc 64470 B+ pd B++ pd
US: Maryland
+ SCOR Life Insurance Company 06996 A- B++ u
US: Texas
+ SCOR Life U.S. Re Insurance 06555 A- B++ u
Company
US: Texas
New Summa Insurance Company 12024 B++ NR-5
US: Ohio
HMO
-- Alliance for Community Health 64179 C++ pd B- pd
US: Missouri
-- AMERIGROUP Illinois Inc 64100 C- pd C++ pd
US: Illinois
+ AMERIGROUP Maryland a Managed 64612 C++ pd C+ pd
Care Org
US: District Of Columbia
+ AMERIGROUP Texas Inc 64238 C++ pd C+ pd
US: Texas
+ CareSource 68574 C++ pd C+ pd
US: Ohio
+ Cox Health System HMO 64421 C++ pd C pd
US: Missouri
+ Elder Health Mid-Atlantic Inc 64697 C+ pd C pd
US: Maryland
+ Elder Health Pennsylvania Inc 64743 C+ pd C pd
US: Pennsylvania
+ FirstCarolinaCare Inc 64268 B+ pd B pd
US: North Carolina
-- GHI HMO Select Inc 64564 C- pd C++ pd
US: New York
-- Group Health Plan Inc 68667 C++ pd B- pd
US: Minnesota
+ HealthEase of Florida Inc 64647 B- pd C pd
US: Florida
+ HealthSpring of Alabama Inc 68784 C++ pd C pd
US: Alabama
+ HealthSpring of Tennessee Inc 64300 C+ pd C pd
US: Tennessee
Heritage Provider Network Inc 64580 NR-5 C+ pd
US: California
+ Horizon Healthcare Dental Inc 64696 B+ pd B pd
US: New Jersey
+ Kaiser Foundation Health Plan 64585 A- pd B++ pd
Inc
US: California
-- Kaiser Foundation Health Plan of 68528 B+ pd B++ pd
Georgia
US: Georgia
-- Kaiser Foundation Health Plan of 68577 B+ pd B++ pd
Ohio
US: Ohio
-- MDNY Healthcare Inc 64291 C- pd C pd
US: New York
+ MMM Healthcare Inc 64707 C+ pd C pd
US: Puerto Rico
+ Molina Healthcare of California 64150 C++ pd C+ pd
Inc
US: California
+ Molina Healthcare of Michigan 64685 C++ pd C+ pd
Inc
US: Michigan
Physicians Health Plan of 64620 NR-3 C+ pd
Southwest MI
US: Michigan
New SummaCare Inc 60143 B++ C++ pd
US: Ohio
ValueOptions of California Inc 64653 NR-5 C pd
US: California
+ Vista Healthplan 64066 C+ pd C- pd
US: Florida
+ Vista Healthplan of South 64102 C+ pd C- pd
Florida Inc
US: Florida
+ WellCare of Connecticut Inc 60116 C++ pd C+ pd
US: Connecticut
+ WellCare of Florida Inc 64118 B- pd C pd
US: Florida
+ WellCare of New York Inc 68750 B pd C++ pd
US: New York
Property/Casualty
+ Bond Safeguard Insurance Company 03507 A- B++
US: Illinois
+ California Insurance Company 02637 A A- u
US: California
+ Continental National Indemnity 13065 A A- u
Company
US: Ohio
Fenchurch General Insurance 87061 B++ pd NR-5
Company
Canada: Ontario
New First Net Insurance Company 13110 B+ NR-1
US: Guam
+ General Security Indemnity Co of 02837 A- B++ u
Arizona
US: Arizona
+ General Security National 02665 A- B++ u
Insurance Co
US: New York
New GHS Property and Casualty 11405 A- NR-2
Insurance Co
US: Oklahoma
New Hawaiian Insurance and Guaranty 13317 B
Co Ltd
US: Hawaii
New HCC Insurance Company 03833 A NR-3
US: Indiana
+ North American Casualty Group 18683 A A- u
US: California
New Oklahoma Farmers Union Mutual 01726 B++ NR-5
Ins Co
US: Oklahoma
New Plateau Casualty Insurance 12122 A- NR-5
Company
US: Tennessee
+ Producers Agriculture Insurance 12485 B++ B+
Company
US: Texas
+ Producers Agriculture Insurance 18575 B++ B+
Group
US: Texas
+ Producers Lloyds Insurance 02729 B++ B+
Company
US: Texas
+ SCOR Canada Reinsurance Company 85445 A- B++ u
Canada: Ontario
+ SCOR Reinsurance Company 03599 A- B++ u
US: New York
New SCOR U S Group 03873 A- NR-5
US: New York
New Titan Insurance Company, Inc., A 75375 A- NR-1
RRG
US: South Carolina
International
AGPM Vie 83020 F NR-5
France
New Lancashire Insurance Co (UK) Ltd 78390 A-
United Kingdom
+ SCOR 85027 A- B++ u
France
+ SCOR DEUTSCHLAND 85312 A- B++ u
Rueckversicherungs
Germany
+ SCOR Global P & C 78344 A- B++ u
France
+ SCOR Group 86155 A- B++ u
France
+ Scor Italia Riassicurazioni 85232 A- B++ u
S.p.A.
Italy
+ SCOR Reinsurance Asia-Pacific 86117 A- B++ u
Pte Ltd
Singapore
+ SCOR UK Company Ltd 85448 A- B++ u
United Kingdom
+ SCOR Vie 77365 A- B++ u
France
Tasman Pacific Insurance Limited 89041 NR-4 B-
New Zealand
New Tenet Insurance Company Ltd 89446 A- NR-5
Singapore
Rating Action: (+) or (-) Rating upgraded or downgraded,
(New) Assigned initial rating; (u) Rating under review
Ratings Under Review
Rating Current Previous
Action Company Name & Domicile AMB# Rating Rating
Property/Casualty
Guaranty National Insurance 00443 C++ u C++
Company
US: Delaware
Majestic Insurance Company 01723 B++ u B++
US: California
Patriot Mutual Insurance Company 11495 B++ u B++
US: Maine
Royal & SunAlliance USA 18566 C++ u C++
Insurance Pool
US: North Carolina
Royal Indemnity Company 02438 C++ u C++
US: Delaware
Royal Surplus Lines Insurance 01745 C++ u C++
Company
US: Delaware
Security Insurance Company of 02457 C++ u C++
Hartford
US: Delaware
International
Globe Insurance Company Limited 87366 A- u A-
United Kingdom
London Assurance 85106 A- u A-
United Kingdom
Royal & Sun Alliance Insurance 85662 A- u A-
Group plc
United Kingdom
Royal & Sun Alliance Insurance 86257 A- u A-
plc
United Kingdom
Royal & Sun Alliance Reinsurance 85187 A- u A-
Limited
United Kingdom
Sun Alliance and London 86222 A- u A-
Insurance plc
United Kingdom
Sun Insurance Office Limited 85108 A- u A-
United Kingdom
Rating Action: (+) or (-) Rating upgraded or downgraded,
(New) Assigned initial rating; (u) Rating under review
GUIDE TO BEST'S FINANCIAL STRENGTH RATINGS A Best's Rating is an independent opinion, based on a comprehensive quantitative quantitative /quan·ti·ta·tive/ (kwahn´ti-ta?tiv) 1. denoting or expressing a quantity. 2. relating to the proportionate quantities or to the amount of the constituents of a compound. and qualitative qualitative /qual·i·ta·tive/ (kwahl´i-ta?tiv) pertaining to quality. Cf. quantitative. qualitative pertaining to observations of a categorical nature, e.g. breed, sex. evaluation, of a company's balance sheet strength, operating performance and business profile. Best's Financial Strength Ratings are not a warranty An assurance, promise, or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party. Warranties are used in a variety of commercial situations. In many instances a business may voluntarily make a warranty. of a company's financial strength and ability to meet its ongoing obligations to policyholders. Financial Strength Ratings A Best's Financial Strength Rating (FSR) is an opinion as to an insurer's financial strength and ability to meet its ongoing obligations to policyholders. Rating Descriptor Secure A++, A+ Superior A, A- Excellent B++, B+ Very Good Vulnerable B, B- Fair C++, C+ Marginal C, C- Weak D Poor E Under Regulatory Supervision F In Liquidation S Suspended Rating Modifiers Affiliation Codes "u" Under Review "g" Group "pd" Public Data "p" Pooled "s" Syndicate "r" Reinsured Not Rated Categories (NR) NR-1 Insufficient Data NR-2 Insufficient Size and/or Operating Experience NR-3 Rating Procedure Inapplicable NR-4 Company Request NR-5 Not Formally Followed Best's Ratings are distributed via press release and/or the A.M. Best Web site at www.ambest.com, and are published in the Rating Monitor section of BestWeek[R]. Best's Ratings are proprietary and may not be reproduced without permission Copyright [c] 2006 by A.M. Best Company, Inc. Version 031606 For more information about A.M. Best Ratings visit www.ambest.com/ratings/about.asp |
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