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 September September: 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.
Ratings Changed
Rating Current
Action Company State AMB# Rating
Life/Health
- Aetna Life Ins Co CT 06006 A-
American Travelers Assur Co IA 09374 NR-3
+ Annunity & Life Reassurance Am CT 06281 A
- Central Reserve Life OH 06203 B
- Continental General Ins Co NE 07360 B+
- Corporate Health Ins Co PA 07443 A-
- Pyramid Life Ins Co KS 06977 B+
- U.S. Health Ins Co (CT) CT 09408 A-
- U.S. Health Ins Co (NY) NY 09541 A-
New Zurich Kemper Life Ins of NY NY 60360 A+
HMO
- Aetna U.S. Healthcare Inc (MD) MD 68550 A-
- Aetna U.S. Healthcare Inc (NJ) NJ 68695 A-
- Aetna U.S. Healthcare Inc (TX) TX 68913 A-
- Aetna U.S. Healthcare of N TX TX 68920 A-
Aetna U.S. Healthcare(LA corp) LA 60123 NR-3
+ Alliance for Community Health MO 64179 C++q
+ Bluegrass Family Health, Inc KY 68747 B q
CACH HMO Incorporated AL 64080 NR-5
- CapitalCare, Inc DC 68605 B+ q
- Care Choices HMO MI 68556 B- q
+ Christiana Care Health Plans DE 64156 C+ q
+ Colorado Access CO 64310 B q
+ Community Health Choice, Inc TX 64454 C+ q
- Community Hith Pin of Rockies CO 64311 C++q
+ Coordinated Health Partners RI 68592 C++q
+ Delmarva Health Plan, Inc MD 68756 B- q
+ Fallon Community Health Plan MA 60160 B q
- First Medical Health Plan, Inc PR 64452 C+ q
+ FirstGuard Health Plan, Inc MO 60191 B q
- Free State Health Plan, Inc MD 68845 C+ q
Health 123, Inc TN 68965 NR-5
+ Health Ins Plan of Greater NY NY 68985 B q
New Health New England, Inc MA 68553 B+
Health Partners of the Midwest MO 64185 NR-5
+ Health Plus of Louisiana, Inc LA 64279 B q
HealthCentral, Inc PA 64163 NR-5
HealthFirst HMO, Inc TX 64349 NR-5
- HMO Louisiana, Inc LA 68990 C q
HMO New Mexico NM 68796 NR-5
+ Hometown Health Plan NV 64235 B q
HRM Health Plans (PA), Inc. PA 68929 E
IHC Care, Inc UT 68938 NR-5
IHC Group, Inc UT 68939 NR-5
- Independent Health Association NY 64343 C++q
- Island Care HI 64227 C q
- Kaiser Foundation Health of NW OR 68585 B+ q
- M.D. Individual Practice Assoc MD 68606 B+ q
+ M-Care, Inc MI 68783 B q
+ MedSpan Health Options, Inc CT 64317 B- q
+ Mercy Health Plans of MO, Inc MO 64419 B- q
+ MetroPlus Health Plan NY 64292 B- q
+ Metropolitan Health Plan MN 68558 C++q
- Neighborhood Hlth Partnership FL 64001 C++q
- Neighborhood Hlth Plans of RI RI 64293 C+ q
- Network Health Plan of WI WI 68627 C++q
+ North Central Hlth Protection WI 68715 B- q
NYLCare Health Plans of NJ NJ 64034 NR-3
+ Ochsner Health Plan LA 68835 C++q
OmniCare Health Plan MI 68917 E
+ OPTIMA Health Plan VA 68821 B- q
- Optimum Choice of Carolinas NC 64030 C+ q
- Optimum Choice, Inc MD 68764 B+ q
- PARTNERS Natl Hlth Plns of NC NC 68822 B q
- Physicians Health Plan, Inc SC 68944 B- q
- Physicians Hlth Plan of Mid-MI MI 68943 B+ q
- Physicians Hlth Pl-Northern IN IN 68743 B- q
- Premier Behavioral Systs of TN TN 64433 C++q
- Prevea Health Insurance Plan WI 64123 C++q
- Prudential Dental Maint Org TX 64020 A-
+ Renaissance Health Plan OH 64200 C++q
+ SelectCare HMO, Inc MI 68693 B q
+ Sloans Lake Health Plan, Inc CO 64313 B- q
- Southern Health Services VA 68607 C++q
+ SummaCare, Inc OH 60143 B q
Rating Prior
Action Rating
Life/Health
- A u
FPR 6 u
+ A-
- B+
- A-
- A u
- A-
- A u
- A u
New NR-5
- A u
- A u
- A u
- A u
A- u
+ C+ q
+ B- q
C++q
- B++q
- B q
+ C q
+ B- q
+ C q
- B- q
+ C+ q
+ C++q
+ B- q
- B- q
+ B- q
- B- q
C q
+ B- q
New C+ q
C++q
+ B- q
B- q
C q
- C+ q
B- q
+ B- q
NR-5
C++q
B+ q
- B+ q
- C+ q
- B++q
- B++q
+ C++q
+ C++q
+ C++q
+ C++q
+ C+ q
- B- q
- C++q
- B q
+ C++q
A u
+ C+ q
NR-5
+ C++q
- C++q
- B++q
- B+ q
- B+ q
- B++q
- B q
- B- q
- B q
- A u
+ C+ q
+ B- q
+ C++q
- B- q
+ B- q
- Tennessee Coordinated Care Ntwk TN 68942 C++q
- Tennessee Health Care Network TN 68597 C++q
- Texas Childrens Hlth Plan TX 64244 C q
+ Three Rivers Health Plans, Inc PA 64104 B q
+ Total Health Care, Inc MI 64297 C++q
- Touchpoint Health Plan Inc WI 68802 B- q
+ Trisource Healthcare Inc MO 68955 B q
- U.S. Healthcare. Inc NY NY 68696 A-
+ UCare Minnesota MN 68935 B- q
- United States Hlth Care Sys PA PA 68700 A-
- Univera Healthcare - CNY, Inc NY 68777 C+ q
+ Vermont Health Plan, LLC VT 64124 B q
+ VIVA Health, Inc AL 64257 C++q
+ Vytra Health Plans Long Island NY 68957 B- q
- Welborn Clinic IN 64272 C+ q
Yellowstone Community Hlth PI MT 64062 NR-5
Property/Casualty
New Alliance of Nonprofits Ins RRG VT 12419 B++
American Continental Ins Co MO 00735 NR-3
- American Fire & Casualty Co OH 00128 A-
- AmeriTrust Insurance Corp FL 12011 B
- Avomark Insurance Company IN 12066 A-
+ Boston Old Colony Ins Co MA 02115 A
+ Buckeye Union Insurance Co OH 02116 A
New CNA Insurance Companies IL 18313 A
+ Commercial Ins Co Newark NJ NJ 02117 A
Continental Casualty Companies IL 00020 NR-5
+ Continental Ins Co of NJ NJ 01882 A
+ Continental Insurance Co NH 02118 A
Continental Insurance Cos NH 00018 NR-5
+ Continental Lloyd's Ins Co TX 10662 A
+ Continental Reinsurance Corp CA 02299 A
CORE Insurance Company VT 11885 NR-3
+ Fidelity & Casualty Co of NY NH 02120 A
+ Firemens Ins Co of Newark, NJ NJ 02122 A
+ Glens Falls Insurance Co DE 02121 A
Healthcare Underwriters Mutual NY 03731 NR-5
HUM Group NY 18413 NR-5
+ Kansas City Fire & Marine MO 02201 A
+ Mayflower Insurance Co Ltd IN 01746 A
- Meadowbrook Insurance Group MI 18132 B
- Mutual Fire and Auto Ins Co IA 00660 C++
New Nat Alliance of Nonprofits Ins VT 12418 B++
+ National-Ben Franklin of IL IL 04057 A
+ Niagara Fire Insurance Co DE 02125 A
New Nonprofits' Ins Alliance of CA CA 11845 A-
- Ohio Casualty Group OH 00726 A-
- Ohio Casualty Insurance Co OH 02378 A-
- Ohio Security Insurance Co OH 02379 A-
+ Omega Insurance Company FL 02727 A-
+ Pacific Insurance Company CA 02588 A
- Patterson Insurance Company LA 03291 C++
- Savers Property & Cas Ins Co MO 00524 B g
- Star Insurance Company MI 00695 B g
+ Virginia Mutual Insurance Co VA 00954 A++r
- West American Insurance Co IN 11354 A-
- Williamsburg National Ins Co CA 00263 B r
- Winterthur Intl America Ins Co WI 02423 A+
- Winterthur Intl America Undrs OK 02424 A+
- Tennessee Coordinated Care Ntwk B- q
- Tennessee Health Care Network B- q
- Texas Childrens Hlth Plan C+ q
+ Three Rivers Health Plans, Inc B- q
+ Total Health Care, Inc C+ q
- Touchpoint Health Plan Inc B q
+ Trisource Healthcare Inc B- q
- U.S. Healthcare. Inc NY A u
+ UCare Minnesota C++q
- United States Hlth Care Sys PA A u
- Univera Healthcare - CNY, Inc C++q
+ Vermont Health Plan, LLC B- q
+ VIVA Health, Inc C+ q
+ Vytra Health Plans Long Island C++q
- Welborn Clinic C++q
Yellowstone Community Hlth PI C p
Property/Casualty
New Alliance of Nonprofits Ins RRG NR-5
American Continental Ins Co B+
- American Fire & Casualty Co A
- AmeriTrust Insurance Corp B++u
- Avomark Insurance Company A
+ Boston Old Colony Ins Co A-
+ Buckeye Union Insurance Co A-
New CNA Insurance Companies NR-5
+ Commercial Ins Co Newark NJ A-
Continental Casualty Companies A
+ Continental Ins Co of NJ A-
+ Continental Insurance Co A-
Continental Insurance Cos A-
+ Continental Lloyd's Ins Co A-
+ Continental Reinsurance Corp A-
CORE Insurance Company A++
+ Fidelity & Casualty Co of NY A-
+ Firemens Ins Co of Newark, NJ A-
+ Glens Falls Insurance Co A-
Healthcare Underwriters Mutual A u
HUM Group A u
+ Kansas City Fire & Marine A-
+ Mayflower Insurance Co Ltd A-
- Meadowbrook Insurance Group B++u
- Mutual Fire and Auto Ins Co B++
New Nat Alliance of Nonprofits Ins NR-5
+ National-Ben Franklin of IL A-
+ Niagara Fire Insurance Co A-
New Nonprofits' Ins Alliance of CA NR-1
- Ohio Casualty Group A
- Ohio Casualty Insurance Co A
- Ohio Security Insurance Co A
+ Omega Insurance Company B++
+ Pacific Insurance Company A-
- Patterson Insurance Company B
- Savers Property & Cas Ins Co B++gu
- Star Insurance Company B++gu
+ Virginia Mutual Insurance Co C+ u
- West American Insurance Co A
- Williamsburg National Ins Co B++ru
- Winterthur Intl America Ins Co A++u
- Winterthur Intl America Undrs A++u
International
Barbados
New Royal Bank of Canada 86956
Insurance Company Limited
Bermuda
+ Annuity and Life Reassurance Ltd. 86698
Cayman Islands
New Island Heritage Insurance Company 86644
Ltd
SCUUL Umited 86148
Mexico
+ Grupo Nacional Provincial SA. 85612
New Zealand
New Consumer Insurance Services Limited 84340
United Kingdom
Canada Life Irish Operations 87623
Limited
U - CNA Reinsurance Company Limited 85249
Guardian Assurance plc 86242
London Life Association Limited 87443
Scottish Mutual Assurance Plc 87585
The National Fanners Union 85807
Mutual Insurance Society Limited
TSB Life Limited 87643
Virgin Islands (British)
New AEA Insurance Co. Ltd. 73096
New AEA Insurance Group 74500
New AEA Insurance Services Ltd. 73776
Barbados
New A NR-5
Bermuda
+ A A-
Cayman Islands
New A- NR-5
NR-5 A
Mexico
+ A A-
New Zealand
New A- NR-5
United Kingdom
NR-5 B++q
U - A- u A
NR-5 B+ q
NR-5 B+ q
NR-5 A+
NR-5 A q
NR-5 B++q
Virgin Islands (British)
New B++g NR-5
New B++ NR-5
New B++g NR-5
Ratings Under Review
Current
Company State AMB# Rating
Life/Health
Blue Cr & Blue Sh United of WI WI 64315 B++u
Lincoln National Reassurance IN 09180 A u
Lincoln Natl Health & Cas Ins IN 02736 A u
Provident Mutual Life Ins Co PA 06971 A u
Providentmutual Life & Annuity DE 07275 A u
United Heartland Life Ins Co WI 60054 B++u
HMO
Compcare Health Services Ins WI 68610 B++u
Unity Health Plans Ins Corp WI 68781 B++u
Valley Health Plan, Inc WI 68825 B++u
Property/Casualty
United Wisconsin Insurance Co WI 01932 B++u
Rating Action: (+) or (-)
Rating upgraded or downgraded;
(New) Assigned initial rating;
(u) Rating placed under review
CURRENT GUIDE TO BEST'S RATINGS 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 (908) 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
C and C- Weak
D Poor
E Under Regulatory
Supervision
F In Liquidation
S Rating Suspended
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 (HMOs), 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 and UK insurers that meet the minimum size and operating experience requirements for a Best's Rating but 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. Qualified Best's 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. 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 Modifirers
u Under Review
q Qualified
s Syndicate
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 Data
NR-2 Insufficient Size and/or
Operating Experience
NR-3 Rating Procedure
Inapplicable
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. |
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