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 February February: 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 135. See page 24 for the Current Guide to Best's Ratings and the August 2000 edition of Best's Review for the Detailed Rating Definitions page.
LIFE/HEALTH
Rating Current Prior
Action Company State AMB# Rating Rating
+ American-Amicable Life Ins TX TX 09122 B++g B+ g
U Assurity Life Ins Co NE 07374 A- gu A- g
+ Healthy Alliance Life Ins Co MO 08217 B++ B+
U Lincoln Direct Life Ins Co NE 06663 A- u A-
New Medical Savings Insurance Co OK 07677 B+ NR-2
+ Munich American Reassurance Co GA 06746 A++g A+ u
+ Occidental Life Ins Co of NC TX 06849 B++g B+ g
+ Paragon Life Insurance Co MO 09079 A+ g A
New Penncorp Life Insurance Co ON 60155 B+ B+ q
+ Pioneer American Ins Co TX 06929 B++g B+ g
+ Pioneer Security Life Ins Co TX 06935 B++ B+ g
+ RightCHOICE Insurance Co IL 60024 B++ B+
U States General Life Ins Co TX 07090 B u B
U Woodmen Accident and Life Co NE 07257 A- gu A-
U United International Life Ins TX 68378 FPR 4 u FPR 4
HMO
Rating Current Prior
Action Company State AMB# Rating Rating
+ Health Link HMO Inc MO 60152 B++ B+
+ HMO Missouri Inc MO 68790 B++ B+
PROPERTY/CASUALTY
Rating Current Prior
Action Company State AMB# Rating Rating
New AAA Mountain West Ins Co AK 12211 A r NR-2
-U Amerco Group NV 18443 B++u A
U American Independent Ins Co PA 04969 C++u C++
+ American Service Ins Co Inc IL 01777 B+ B
New Amica Lloyds of Texas TX 12269 A++g NR-1
New Amica Mutual Group RI 18522 A++ NR-5
+ Anthracite Mutual Fire Ins Co PA 04729 A B+
- Credit General Indemnity Co OH 11341 F E
- Credit General Insurance Co OH 03180 F E
New CSAA/AAA Mountain West Group 18528 A NR-5
New Farmers Mut Fire Assur of NJ NJ 04489 B+ NR-5
U Healthcare Underwriters Mutual NY 03731 A gu A g
U HUM Group NY 18413 A u A
U Koa Fire & Mar Ins Co Ltd USB JP 01909 A u A
- Legion Indemnity Co IL 11860 A-p A p
- Legion Insurance Co PA 02352 A- p A p
- Legion Insurance Group PA 18366 A- A
- LG Insurance Co Ltd USB KR 11037 B++g A- gu
- Lumbermens Undrtg Alliance MO 02296 B++ A-
- Millers First Insurance Cos IL 02959 B B+
- Millers Mutual Insurance Assn IL 00634 B g B+ g
New Millville Mutual Ins Cos PA 18224 A NR-5
- Mount Carroll Mut Fire Ins Co IL 03823 B- B
+ Nevada General Insurance Co NV 11692 A- B++
U Nippon Fire & Mar Ins Ltd USB JP 03550 A+ gu A+ g
-U North American Fire & Cas Ins LA 11685 B++ru A r
U OHIC Insurance Co OH 03778 A-u A-
-U Republic Western Insurance Co AZ 03597 B++gu A g
- Standard Mutual Insurance Co IL 04005 A- A
- Unisource Insurance Co FL 11102 E B-
+ Universal Casualty Co IL 02753 B++ B+
- Villanova Insurance Co PA 12110 A- p A p
U Yasuda Fire & Marine of Amer NY 03060 A u A
Rating Action: (+) or (-)Rating upgraded or downgraded;
(New) Assigned initialrating; (U) Rating placed
under review.
INTERNATIONAL
Rating Current
Action Company AMB# Rating
Bahrain
U Arig Reinsurance Company B.S.C. 86938 A- u
Barbados
- Mutual Indemnity (Barbados) Ltd. 85819 A- g
Bermuda
U AFC Re Ltd. 86863 B++u
- The I.P.C. Group 85317 A-
New Kingsway Reinsurance (Bermuda) Ltd. 84089 A g
- Mutual Indemnity (Bermuda) Ltd. 86288 A- g
- Mutual Indemnity Ltd. 85845 A- g
- Mutual Indemnity (U.S.) Ltd. 85846 A- g
Canada
+ Travelers Casualty and Surety Company
of Canada 86921 A++g
Ireland
- Mutual Indemnity (Dublin) Ltd. 86077 A- g
Japan
U The Nippon Fire & Marine Insurance Co Ltd. 85388 A+ u
south Korea
- LG Insurance Co Ltd. 86459 B++
United Kingdom
+ Barclays Life Assurance Co Ltd. 87229 B++q
- GE Life Ltd. 87603 B+ q
+ Professional Life Assurance Co Ltd. 86307 A- q
- Refuge Investments Ltd. 87551 B q
+ The Royal Natonal Pension Fund for Nurses 87568 B++q
+ Royal Scottish Assurance Plc 87569 A- q
+ S E B Trygg Life (UK) Assurance Co Ltd. 87570 B q
+ Skandia Life Assurance Co Ltd. 85619 A- q
- Sterling Life Ltd. 86407 B+ q
- Sun Life Assurance Company
of Canada (U.K.) Ltd. 87614 B++q
New Sun Life Assurance Company of
Canada (United Kingdom Branch) 87617 B++q
+ United Friendly Insurance plc 87804 A- q
+ United Friendly Life Assurance Ltd. 87652 B++q
- UNUM Ltd. 87658 B+ q
+ Wesleyan Assurance Society 87665 A- q
+ Windsor Life Assurance Co Ltd. 85400 B++q
- World-Wide Reassurance Co Ltd. 87677 B+ q
Rating Prior
Action Rating
Bahrain
U A-
Barbados
- A g
Bermuda
U B++
- A
New NR-5
- A g
- A g
- A g
Canada
+
A+
Ireland
- A g
Japan
U A+
south Korea
- A- u
United Kingdom
+ B+ q
- B++q
+ B++q
- B+ q
+ B+ q
+ B++q
+ B- q
+ B++q
- B++q
-
A- q
New
NR-5
+ B++q
+ B+ q
- B++q
+ B++q
+ B+ q
- B++q
Rating Action: (+) or (-)Rating upgraded or downgraded; (New)
Assigned initial rating;(U) Rating placed under review.
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