Best's rating changes.

This edition of Best's Rating Changes reflects all rating changes--assignments, changes or placed under review--that occurred for life, health and property/casualty insurers domiciled in North America, as well as international insurance companies, since this section last appeared in the April 2007 edition of Best's Review.

See page 25 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

         American Capitol Insurance       06043   NR-4      B+
           Company
         US: Texas
New      Direct General Life Insurance    09373   B         NR-5
           Company
         US: South Carolina
New      Direct Life Insurance Company    07430   B         NR-5
         US: Georgia
-        Great Republic Life Insurance    06888   C-        C+
           Company
         US: Washington
-        Philadelphia-United Life         06919   B+        B++
           Insurance Co
         US: Pennsylvania
         Texas Imperial Life Insurance    68290   NR-4      B+
           Company
         US: Texas

                                  HMO

         Cape Health Plan Inc             64490   NR-5      C++ pd
         US: Michigan
-        Carolina Care Plan Inc           68944   C         C++
         US: South Carolina
         Universal Health Care Inc        64795   E         NR-5
         US: Florida

                             Property/Casualty

+        American Fire and Casualty       00128   A         A-
           Company
         US: Ohio
New      Anchor General Insurance Group   18701   B++
         US: California
         Arrowpoint Capital Pool          18566   NR-5      C+
         US: North Carolina
+        Avomark Insurance Company        12066   A         A-
         US: Indiana
+        Beacon Insurance Group           04061   B+        B- u
         US: Texas
+        Beacon Lloyds Insurance          12542   B+        B- u
           Company
         US: Texas
+        Beacon National Insurance        00207   B+        B- u
           Company
         US: Texas
New      CastlePoint Insurance Company    13055   A-
         US: New York
+        Dryden Mutual Insurance          01908   A         A-
           Company
         US: New York
New      Farmers Reinsurance Company      12131   A         NR-2
         US: California
+        First Preferred Insurance        04052   B+        B- u
           Company
         US: Texas
+        Marysville Mutual Insurance      00578   B++       B+
           Company
         US: Kansas
-        National Guaranty Insurance      00679   C++ u     B-
           Company
         US: Arizona
+        Ohio Casualty Group              00726   A         A-
         US: Ohio
+        Ohio Casualty Insurance          02378   A         A-
           Company
         US: Ohio
+        Ohio Security Insurance          02379   A         A-
           Company
         US: Ohio
+        Petrolia Insurance Company       02573   B+        B- u
         US: Texas
+        PMSLIC Insurance Company         03744   A-        B++
         US: Pennsylvania
+        Preferred Physicians Med RRG,    11056   B++       B+
           Inc
         US: Missouri
New      PXRE Reinsurance Company         02797   B+        NR-4
         US: Connecticut
         Royal Indemnity Company          02438   NR-4      C+
         US: Delaware
         Royal Surplus Lines Insurance    01745   NR-4      C+
           Company
         US: Delaware
         Security Insurance Company of    02457   NR-4      C+
           Hartford
         US: Delaware
-        Vanguard Fire & Casualty         12253   F         E
           Company
         US: Florida
+        West American Insurance          11354   A         A-
           Company
         US: Indiana
-        Wisconsin Municipal Mutual       10683   A-        A
           Insurance Co
         US: Wisconsin

                                International

+        Elwood Insurance Limited         86659   B++       B+
         Bermuda
New      Health Facilities Insurance      86010   C         NR-5
           Corp, Ltd
         Bermuda
         Insurance Corporation of         86579   NR-5      B++
           Newfoundland
         Canada: Newfoundland and
           Labrador
New      Interglobal Insurance Company    78652   B++
           Limited
         United Kingdom
         Lloyd's Syndicate 2020           48341   NR-3      A s
         United Kingdom
New      Peleus Reinsurance Ltd.          13313   A-
         Bermuda
New      PXRE Reinsurance Ltd.            84141   B+        NR-4
         Bermuda
New      SALAMA Islamic Arab Insurance    78342   B++       NR-5
           Co (PSC)
         United Arab Emirates
-        Steamship Mutual U/W Assoc       87133   B++       A-
           (Bermuda)
         Bermuda
-        Steamship Mutual Underwriting    89448   B++       A-
           Assoc Ltd
         United Kingdom
New      Tower Insurance Limited          89186   A-
         New Zealand
New      Wuerttembergische Versicherung   85381   A-        NR-5
           AG
         Germany

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

                                 Life

         Sierra Health & Life Insurance   07370   B++ u     B++
           Co Inc
         US: California

         HMO

         Health Plan of Nevada Inc        68619   B++ u     B++
         US: Nevada

                          Property/Casualty

         Bristol West Casualty            12404   A- u      A-
           Insurance Company
         US: Ohio
         Bristol West Insurance Company   12461   A- u      A-
         US: Ohio
         Bristol West Insurance Group     18131   A- u      A-
         US: Florida
         Coast National Insurance         00177   A- u      A-
           Company
         US: California
         Merastar Insurance Company       03596   A- u      A-
         US: Indiana
         Security National Insurance      10796   A- u      A-
           Company
         US: Florida

                             International

         Risk Assurance Co St Peters      76248   B+ u      B+
           Unv Hosp
         Cayman Islands

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 Financial Strength Rating is an independent opinion
based on a comprehensive quantitative and qualitative evaluation
of a company's balance sheet strength, operating performance
and business profile. Best's Financial Strength Ratings are not 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+      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 Financial Strength 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 Financial
Strength Ratings are proprietary and may not be reproduced without
permission.

Copyright [C] 2007 by A.M. Best Company, Inc. Version 010207

For more information about A.M. Best Ratings visit
www.ambest.com/ratings/about.asp