Best's Rating Changes.This summary 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 lists life/health, property/casualty and international insurers, as well as health maintenance organizations, that had ratings assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. , changed or placed under review since this section last appeared in the October October: see month. 2001 edition of Best's Review. Best's Rating Changes is an abbreviated version of Best's Rating Monitor. Previously a stand-alone (jargon) stand-alone - Capable of operating without other programs, libraries, computers, hardware, networks, etc. Exactly what is absent is presumed to be obvious from context. "We only run Windows on stand-alone PCs because it's too dangerous to run it on networked ones." publication, Best's Rating Monitor is now a featured section in Best Week, A.M. Best Co.'s weekly news report. Best's Rating Monitor contains a compilation Compiling a program. See compiler. of all recent rating releases plus supporting rationales for the industry's largest insurance groups and for insurers whose ratings were changed or placed under review. For more information on how to obtain A.M. Best Co. products and publications, including Best's Ratings and Best's Company Reports for individual companies, see page 143. See page 25 for the Current Guide to Best's Ratings or visit www.ambest.com/ratings/access.html for detailed rating definitions.
Ratings Changed
Life Health
Rating Current Prior
Action Company State AMB# Rating Rating
- American Indep Network of NY NY 60292 C u B- u
- American Networks Ins Company PA 07362 C u B- u
Arkansas Life Ins Co AZ 68314 NR-2 FPR 5
- Colonial Life & Accident Ins SC 06238 A A+
- CSA Fraternal Life IL 06303 B B+
Directors Life Assur Co OK 07616 NR-2 FPR 4
- First Unum Life Ins Co NY 06514 A A+
Franklin American Life Ins Co TN 09550 NR-5 F
Frontier National Life Ins Co OH 09554 NR-5 A-
+ Homeshield Ins Co OK 09458 B++ B+
+ Independent Order of Foresters ON 60132 A A-
+ Municipal Ins Co of America IL 06747 B+ B
- Paul Revere Life Ins Co MA 06899 A A+
- Paul Revere Variable Annuity MA 06900 A A+
- Penn Treaty Network America PA 06385 C u B- u
- Provident Life and Accident TN 06968 A A+
- Provident Life and Casualty TN 06969 A A+
- Unum Life Ins Co of Amer ME 06256 A A+
Vulcan Life Ins Co IN 07213 NR-5 A-
Wabash Life Ins Co IN 07214 NR-5 FPR 6
HMO
Rating Current Prior
Action Company State AMB# Rating Rating
- Altius Health Plans UT 68616 D q C q
New Altru Health Plan ND ND 60148 C+ q NR-5
New AmCare Health Plans of OK OK 64088 C+ q NR-2
- Americaid Illinois, Inc IL 64100 C+ q C++q
AmeriChoice of New York NY 64290 NR-5 B q
- AMERIGROUP Texas, Inc TX 64238 C+ q C++q
New Amil International (TX), Inc TX 64458 B q NR-5
- Arnett HMO, Inc IN 64262 B+ q B++q
New Athens Area Health Plan Select GA 64556 C++q NR-5
New Atlanticare Health Plans-HMO NJ 64211 C+ q NR-5
+ AvMed, Inc FL 64074 C++q C+ q
- Beacon Health Plans, Inc FL 64113 D q C- q
New Cape Health Plan, Inc MI 64490 B q NR-5
+ Cariten Health Plan Inc TN 64425 C+ q C q
New Central OR Independent HI Svcs OR 64496 C++q NR-5
New CHA HMO, Inc KY 64403 B++ C++q
New Clark United Providers, Inc WA 64106 B q NR-5
- Colorado Access CO 64310 C++q B q
New Comanche County Hospital Auth OK 64168 B q NR-5
New Community Care Behavioral Hlth PA 64549 B q NR-5
+ Community Choice Michigan MI 64042 C++q C+ q
+ Community Health Group CA 64145 B q B- q
+ Community Health Plan (CA) CA 68680 B- q C++q
Community Health Plan of Ohio OH 60145 NR-5 C++q
Community Healthcare Systems FL 64114 NR-5 C- q
- CommunityCare HMO, Inc OK 64165 C+ q C++q
New Contra Costa Health Plan CA 64085 C++q NR-5
New Cook Children's Health Plan TX 64508 C+ q NR-5
New Coordinated Care Corp Indiana IN 64266 C++q NR-5
- Coventry Health Care of DE DE 68687 B q B+ q
- Coventry Health Care of Iowa IA 68541 B q B+ q
- Coventry Health Care of Kansas KS 64126 B- q B q
- Coventry Health Care of LA LA 68689 C+ q C++q
- Coventry Health Care of NE NE 68544 C++q B- q
- Coventry Hth Care of Carolinas NC 68951 B- q B q
New Dayton Area Health Plan OH 68574 B q NR-5
- Dean Health Plan, Inc WI 64203 B q B+ q
New Empire HealthChoice Inc NY 64368 C+ q NR-5
New First Choice Health Plan, Inc WA 64486 B- q NR-5
New Florida Health Care Plan Inc FL 68926 B q NR-5
+ George Washington Univ Hlth Pl DC 68522 B- q C++q
New GHI HMO Select, Inc NY 64564 C+ q NR-5
+ Good Health HMO, Inc. MO 68956 C++q C+ q
+ Great Lakes Health Plan, Inc MI 64439 C+ q C q
New Greater La Crosse Health Plans WI 68620 B q NR-5
+ Group Health Plan, Inc MO 68534 B- q C++q
New Gunderson Lutheran Health Plan WI 64204 B- q NR-5
Harvard Pilgrim Health Care MA 68973 NR-3 E
New Health Net HMO, Inc TN 64300 C+ q NR-5
New Health Plan of San Joaquin CA 64006 B+ q NR-5
New Health Plan of Texas TX 64455 B q NR-5
- Health Plan of the Redwoods CA 68991 C++q B- q
+ HealthAmerica Pennsylvania PA 68590 B q B- q
- Healthcare Oklahoma, Inc OK 64166 D q C+ p
- Healthplan Southeast, Inc FL 64108 D q C q
- Heartland Health Plan of OK OK 64444 D q C- q
New Heritage Provider Network, Inc CA 64580 B- q NR-5
HIP Health Plan of Florida FL 64066 NR-3 E
+ Horizon Healthcare of NJ NJ 68960 B q B- q
Horizon Healthcare of PA PA 64164 NR-3 C++q
New Inland Empire Health Plan CA 64578 B- q NR-5
New Inter Valley Health Plan, Inc CA 64148 C++q NR-5
New IU Health Plan, Inc IN 64386 B- q NR-5
- John Deere Health Plan, Inc IL 68702 B q B+ q
- Kaiser Fdn Health Mid-Atlantic MD 68551 B q B+ q
New Kaiser Foundation Health Plan CA 64585 B+ q NR-5
Kaiser Foundation Health Plan-N CA CA 68509 NR-5 B++q
Kaiser Foundation Health Plan-S CA CA 68510 NR-5 B++q
- Kaiser Foundation Hth P - HI HI 68530 B++q A- q
- Kaiser Foundation Hth Pl of KC KS 68546 B- q B+ q
- Keystone Health Plan Central PA 64051 B- q B q
New Mayo Health Plan, Inc FL 64609 C q NR-5
New MCS Health Management Options PR 64591 C q NR-5
New MDNY Healthcare, Inc NY 64291 C++q NR-5
New Medical One, Inc PR 64387 D q NR-5
New Memphis Managed Care Corp TN 68735 C+ q NR-5
New Midwest Health Plan, Inc MI 64518 B- q NR-5
New Molina Healthcare of Utah Inc UT 64341 C q NR-5
New Molina Healthcare of WA, Inc WA 68949 B q NR-5
+ Molina Medical Centers CA 64150 C++q C+ q
New Mount Carmel Health Plan, Inc OH 64112 C+ q NR-5
- National Med, Inc CA 68682 C++q B q
- Oath - A Health Plan for AL AL 68784 C+ q C++q
+ Parkland Community Health Plan TX 64461 C++q C+ q
- PHN-HMO, Inc MD 64295 D q C+ q
- Physicians Plus Ins Corp WI 68683 B- q B q
New PreferredOne Community Hlth Pl MN 64054 B q NR-5
PROMINA Health Plan, Inc GA 64176 NR-3 B- q
New Public Hlth Trust Dade County FL 60183 B- q NR-5
+ QualChoice of Virginia Hlth Pl VA 64250 B q C++p
Qualmed Plans for Health, Inc NM 68946 NR-3 B q
New Select Health of S Carolina SC 64003 C+ q NR-5
New Seton Health Plan, Inc TX 64252 D q NR-5
New SHA, L.L.C. TX 60114 C++q NR-5
- Sioux Valley Health Plan SD 64393 C q C+ q
New Tenet Choices, Inc LA 64430 C++q NR-5
New UCSD Health Plan CA 64603 C q NR-5
- University Health Care Inc KY 64408 C q B- q
+ University Health Plans, Inc NJ 60157 C++q C+ q
New UTMB Health Plans, Inc TX 64511 C q NR-5
New ValueOptions of Texas, Inc TX 64514 C q NR-5
New Vanderbilt Health Plans, Inc TN 60115 C+ q NR-5
New VISTA Health Plan, Inc TX 64245 C++q NR-5
New Watts Health Foundation, Inc CA 64151 E C+ q
- Well Care HMO, Inc FL 64118 C q C+ q
- WellCare of New York, Inc NY 68750 C- q C q
- WellPath Select, Inc NC 64274 C+ q C++q
XANTUS Healthplan of Tennessee TN 68883 E NR-5
Property/Casualty
- American Automobile Ins Co MO 02176 A A++
- American Insurance Company NE 02177 A A++
- American Standard Lloyds TX 03586 A A++
Anza Insurance Company CA 11315 NR-5 B+
- Associated Indemnity Corp CA 02178 A A++
+ AXA Corp Solutions Ins Co NY 03718 A A-
AXA Corp Solutions US Ins Grp NY 18094 NR-5 A-
- Chicago Insurance Company IL 02266 A A++
- DaimlerChrysler Group MI 18510 A A+
- DaimlerChrysler Insurance Co MI 00237 A A+
- Fireman's Fund Cnty Mut Ins Co TX 03682 A A++
- Fireman's Fund Indemnity Corp NJ 01892 A A++
- Fireman's Fund Ins Co of GA GA 02616 A A++
- Fireman's Fund Ins Co of HI HI 02717 A A++
- Fireman's Fund Ins Co of LA LA 02824 A A++
- Fireman's Fund Ins Co of MO MO 11262 A A++
- Fireman's Fund Ins Co of NE NE 02615 A A++
- Fireman's Fund Ins Co of OH OH 02843 A A++
- Fireman's Fund Ins Co of WI WI 02617 A A++
- Fireman's Fund Insurance Co CA 02179 A A++
- Firemans Fund Insurance Cos CA 00034 A A++
- Frontier Insurance Company NY 03729 E C-
Frontier Insurance Group Inc NY 18400 NR-5 C-
- Frontier Pacific Insurance Co CA 01716 E D
Gem State Insurance Co ID 10556 NR-4 B++
Genesee Patrons' Co-Op Ins Co NY 10562 NR-4 A-
New IGF Insurance Company IN 03543 E NR-3
- Independence Indemnity Ins Co KS 12243 E B
- Interstate Fire & Casualty Co IL 02267 A A++
- Interstate Indemnity Company IL 02268 A A++
New Kings Mutual Insurance Company NS 87056 B++q NR-5
- Midway Ins Co of Illinois IL 11219 A A++
- National Surety Corporation IL 02182 A A++
+ National Telcom Corporation VT 12022 A- B++
- Pennsylvania Casualty Company PA 12217 E B
PHICO Group PA 18461 NR-5 B
- PHICO Insurance Company PA 03679 E B
New Safety First Insurance Company IL 12476 A NR-5
New Safeway Property Insurance Co NE 10672 B++ NR-2
- United Capitol Insurance Co IL 02795 D C-
USF&G Business Insurance Co MD 11794 NR-3 A+
- Vintage Insurance Company CA 11672 A A++
- Warner Insurance Company IL 02028 A u A++ u
- Western Indemnity Insurance Co TX 10710 D C-
- ZC Insurance Company NJ 00554 A A+
- Zurich Reinsurance (NA) Group NY 18233 A A+ u
- Zurich Reinsurance (NA) Inc CT 02696 A A+ u
International
Bermuda
Rating Current
Action Company State AMB# Rating
+ Latin American Reinsurance
Company Limited 86824 A+
New Lehman Re Limited 86949 A+
- PHICO Re Ltd. 86946 E
Rating Prior
Action
+
A-
New NR-5
- B
Denmark
Rating Current
Action Company State AMB# Rating
- The Copenhagen Reinsurance Group 85996 A- u
Rating Prior
Action
- A
France
Rating Current
Action Company State AMB# Rating
New AXA Cessions 84358 A+
New AXA Corporate Solutions Assurance 86926 A
Rating Prior
Action
New NR-5
New NR-5
Germany
Rating Current
Action Company State AMB# Rating
- Zurich Re (Cologne) 85629 A
Rating Prior
Action
- A+ u
United Kingdom
Rating Current
Action Company State AMB# Rating
AXA Reinsurance UK pic 86163 NR-5
Beaufort Insurance Company Limited 87230 NR-3
The City Fire Insurance Company Limited 87278 NR-5
- CNA Reinsurance Company Limited 85249 B+ u
Rating Prior
Action
A+
B+ q
B+ q
- A- u
Ratings Under Review
Current
Company State AMB# Rating
Property/Casualty
Alliance Assurance Co of Amer NY 12466 A u
Consolidated Prop & Cas Ins Co FL 10805 B u
Eastern Casualty Group MA 18541 A u
Eastern Casualty Indemnity Co NH 12420 A u
Eastern Casualty Ins Co MA 01961 A u
Fulcrum Insurance Company AZ 02837 A u
Hermitage Insurance Company NY 01969 B u
Hermitage Insurance Group NY 18440 B u
Kodiak Insurance Company NJ 10620 B u
Lancer Insurance Company IL 02641 A- u
North Pointe Insurance Co MI 00317 B u
Rampart Insurance Company NY 02649 A u
Sorema N. A. Group NY 18264 A u
Sorema North America Reins Co NY 02665 A u
State Farm Lloyds TX 01767 A- u
Trenwick America Reins Corp CT 03747 A u
Trenwick Group BM 18503 A u
Universal Fire & Casualty Co IN 03663 B- u
Western Continental Ins Co TX 11081 A u
Wilson Mutual Insurance Co WI 01964 B+ u
International
Bermuda
LaSalle Re Limited 86314 A u
France
Sorema (Consolidated) 86601 A u
Sorema SA 85621 A u
United Kingdom
Trenwick International Limited 86512 A u
Rating Action: (+) or (-) Rating upgraded or downgraded; (New) Assigned initial rating; CURRENT GUIDE TO BEST'S RATINGS (u) Rating placed under review For a complete explanation of Best's Ratings, please refer to the Preface pref·ace n. 1. a. A preliminary statement or essay introducing a book that explains its scope, intention, or background and is usually written by the author. b. An introductory section, as of a speech. 2. of Best's Insurance Reports(r) or Best's Key Rating Guide(r). Best's Ratings reflect our independent opinion, but 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 obligations to policyholders. * For the latest Best's Ratings and Best's Company Reports (which include Best's Ratings) visit the A.M. Best Web site at www.ambest.com. You may also obtain Best's Company Reports by calling our Customer Service Department at (90B) 439-2200, Ext. 5742. To expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. your request, please provide the company's identification number (AMB AMB Ambient AMB Ambassador AMB Amber AMB Ambulance AMB Associação Médica Brasileira (Brazil) AMB Ambulatory AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) #). * All rating actions are published in the Rating Monitor section of Best Week(r). Selected rating changes and new ratings are published in Best's Review(r) (our monthly magazine). BEST'S RATINGS AND FINANCIAL PERFORMANCE RATINGS See benchmark. (FPR FPR Ford Performance Racing FPR Front Patriotique Rwandais (Rwanda Patriotic Front) FPR Floating-Point Register (CPU architecture) FPR Fuel Pressure Regulator (automotive) ) A.M. Best assigns Individuals to whom property is, will, or may be transferred by conveyance, will, Descent and Distribution, or statute; assignees. The term assigns is often found in deeds; for example, "heirs, administrators, and assigns to denote the assignable nature of to insurance related organizations one of two types of rating opinions, a Best's Rating (A++ to F) or a Financial Performance Rating (9 to 1). The Best's Rating represents an 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. The FPR represents an opinion based primarily on a quantitative evaluation of a company's balance sheet strength and operating performance for companies that do not meet the minimum size and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. operating experience requirements for a Best's Rating. Secure Best's Ratings A++ and A+ Superior A and A- Excellent B++ and B+ Very Good Secure FPR Ratings FPR 9 Very Strong FPR 8 and 7 Strong FPR 6 and 5 Good Vulnerable Best's Ratings B and B- Fair C++ and C+ Marginal (jargon) marginal - 1. Extremely small. "A marginal increase in core can decrease GC time drastically." In everyday terms, this means that it is a lot easier to clean off your desk if you have a spare place to put some of the junk while you sort through it. 2. C and C- Weak D Poor E Under Regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. Supervision F In Liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy S Rating Suspended sus·pend v. sus·pend·ed, sus·pend·ing, sus·pends v.tr. 1. To bar for a period from a privilege, office, or position, usually as a punishment: suspend a student from school. Vulnerable FPR Ratings FPR 4 Fair FPR 3 Marginal FPR 2 Weak FPR 1 Poor RATING MODIFIERS Under Review (u) Rating Modifiers are assigned to Best's Ratings and Financial Performance Ratings to identify companies whose rating opinions are Under Review and may be subject to near-term near-term adj. Of, for, or involving a short period of time in the near future. change. Qualified (q) Rating Modifiers may be assigned to Health Maintenance Organizations (HMO's) and Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. insurers that do not subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our interactive rating process. Best's Qualified Ratings are therefore based primarily on a quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: of a company's balance sheet strength and operating performance. Best's Public Data (Pd) Rating Modifiers may be assigned to UK and other European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. insurers that do not subscribe to our interactive rating process. Best's Public Data Ratings reflect both qualitative and quantitative analysis using publicly available data and other public information. Syndicate Syndicate organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018] See : Gangsterism (s) Rating Modifiers are assigned to syndicates operating at Lloyd's Lloyd's, London insurance underwriting corporation of many separate syndicates; often called Lloyd's of London. Founded in the late 17th cent. by a group of merchants, shipowners, and insurance brokers at the coffeehouse of Edward Lloyd, the association is now . Rating Modifiers U Under Review s Syndicate q Qualified pd Public Data NOT RATED CATEGORIES (NR) Companies not assigned a Best's Rating or FPR are assigned to one of five NR categories which identifies the primary reason a rating opinion was not assigned to the company. For additional information, refer to the Preface. NR-1 Insufficient in·suf·fi·cient adj. 1. Not sufficient. 2. Incapable of proper functioning. Data NR-2 Insufficient Size and/or Operating Experience NR-3 Rating Procedure Inapplicable in·ap·pli·ca·ble adj. Not applicable: rules inapplicable to day students. in·ap NR-4 Company Request NR-5 Not Formally Followed FINANCIAL SIZE CATEGORIES (FSC FSC See: Foreign Sales Corporation ) Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional Subject to change; dependent upon or granted based on the occurrence of a future, uncertain event. A conditional payment is the payment of a debt or obligation contingent upon the performance of a certain specified act. reserve funds. For information, refer to the Preface. Best's Ratings are proprietary and may not be reproduced without permission. |
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