Best's rating changes. (Ratings).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 includes U.S.-domiciled life, health-care and property/casually insurers as well as international insurers 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 May 2003 edition of Best's Review. Best's Rating Changes is an abbreviated version of Best's Rating Monitor, which is published in Best Week, our weekly insurance industry newsletter. See page 19 for the Current Guide to Best's Ratings or visit the A.M. Best Co. Web site at www.ambest.com/ratings/access.html for detailed rating definitions. The A.M. Best rating of any company and basic company information are also available free of charge at the Web site.
Ratings Changed
Rating Current Previous
Action Company Name & Domicile AMB# Rating Rating
Life
All American Life 06015 NR-5 A+
Insurance Company
US: Illinois
+ Allmerica Financial 08491 B- C++ u
Life Ins & Ann Co
US: Massachusetts
American Franklin Life 09061 NR-5 A+
Insurance Co
US: Illinois
American General Life 06898 NR-5 A+
Insurance Co of NY
US: New York
American General Life 07024 NR-5 A+
Insurance Co of PA
US: Pennsylvania
American Slovenian 09876 NR-5 B+
Catholic Union
US: Illinois
- Colonial Life & 06238 A- u A u
Accident Insurance Co
US: South Carolina
Croatian Fraternal Union 06298 NR-5 B-
of America
US: Pennsylvania
- Educators Mutual Life 06325 B++ A-
Insurance Company
US: Pennsylvania
- Erie Family Life 07276 A A+
Insurance Company
US: Pennsylvania
+ First Allmerica Financial 07086 B- C++ u
Life Ins Co
US: Massachusetts
- First Unum Life Insurance 06514 A- u A u
Company
US: New York
Franklin Life Insurance 06430 NR-5 A+
Company
US: Illinois
- Kanawha Insurance Company 06604 A- A
US: South Carolina
Medco Containment Insurance 10747 NR-3 A-
Co of NY
US: New York
Order of Sons of Hermann 68030 NR-5 B+
in TX
US: Texas
- Paul Revere Life Insurance 06899 A- u A u
Company
US: Massachusetts
- Paul Revere Variable 06900 A- u A u
Annuity Ins Co
US: Massachusetts
- Provident Life and Accident 06968 A- u A u
Insurance Co
US: Tennessee
- Provident Life and Casualty 06969 A- u A u
Insurance Co
US: Tennessee
- Sage Life Assurance of 09059 B++ u A-
America Inc
US: Delaware
New Securian Life Insurance Company 09064 A+ NR-5
US: Minnesota
- Unum Life Insurance Company 06256 A- u A u
of America
US: Maine
Western Fraternal Life 07225 NR-5 B++
Association
US: Iowa
Health
Maintenance
Organization
+ Altius Health Plans 68616 C pd C-pd
US: Utah
Avera Health Plans Inc 64515 C++ pd NR-5
US: South Dakota
Beacon Health Plans Inc 64113 NR-5 C-pd
US: Florida
+ Cariten Health Plan Inc 64425 B pd B- pd
US: Tennessee
+ Carolina Care Plan Inc 68944 B pd B- pd
US: South Carolina
+ ConnectiCare Inc 68517 B+ pd B pd
US: Connecticut
+ County of Los Angeles 68680 C+ pd C pd
US: California
FirstCarolinaCare Inc 64268 B pd NR-5
US: North Carolina
Free State Health Plan Inc 68845 NR-5 C+ pd
US: Maryland
+ Good Health HMO Inc 68956 B pd B- pd
US: Missouri
- Group Health Cooperative 64044 B- pd B pd
of Puget Sound
US: Washington
Medical Center Health Plan 64185 NR-5 C pd
US: Missouri
+ OPTIMA Health Plan 68821 B- pd C++ pd
US: Virginia
+ PHN-HMO Inc 64295 C pd C- pd
US: Maryland
- Preferred Plus of Kansas Inc 68937 C++ pd B pd
US: Kansas
San Francisco Health Plan 64582 B pd NR-5
US: California
Scan Health Plan 60187 C pd NR-5
US: California
+ Sentara Health Plans Inc 68940 B+ pd B pd
US: Virginia
- SummaCare Inc 60143 B-pd B pd
US: Ohio
Property/
Casualty
- Allianz Insurance Company 00407 A A+
US: California
- Allianz Insurance Group 03887 A A+
US: California
- Allianz Underwriters 02618 A A+
Insurance Company
US: California
+ American Compensation 11419 B B-
Insurance Company
US: Minnesota
New American Freedom Insurance 12271 B+ NR-1
Company
US: Illinois
+ American Hallmark Insurance 01728 B- C+
Co of TX
US: Texas
- Argus Fire & Casualty 11757 C+ B-
Insurance Company
US: Florida
New ASure Worldwide Insurance 12555 A+
Company
US: Michigan
California Insurance Company 02637 NR-5 A-
US: California
- CBIA Comp. Services, Inc. 75458 B B+
US: Connecticut
+ Cities and Villages 10661 A A-
Mutual Insurance Co
US: Wisconsin
- Colorado Farm Bureau 00278 B++ A-
Mutual Insurance Co
US: Colorado
- Commercial Casualty 11059 C- B u
Insurance Co of NC
US: North Carolina
Comstock Insurance Company 02590 NR-5 E
US: California
- Danielson Insurance Company 11350 B B++
US: California
- Danielson National Insurance 11351 B B++
Company
US: California
- Delta Insurance Services Group 18433 C- B u
US: Georgia
- DHC Group 18227 B B++
US: California
Empire Insurance Group 18152 NR-5 F
US: New York
- Erie Insurance Company 04272 A+ A++
US: Pennsylvania
- Erie Insurance Company of 02890 A+ A++
New York
US: New York
- Erie Insurance Exchange 00348 A+ A++
US: Pennsylvania
- Erie Insurance Group 04283 A+ A++
US: Pennsylvania
- Erie Insurance Property 11406 A+ A++
& Casualty Co
US: Pennsylvania
- Farmers Mutual Insurance 03523 E B-
Company (WV)
US: West Virginia
+ First Guard Insurance 12082 A- B++
Company
US: Arizona
New First Sealord Surety, Inc. 12586 A-
US: Pennsylvania
- Flagship City Insurance 11314 A+ A++
Company
US: Pennsylvania
- Georgia Mutual Insurance 04051 C- B u
A Stock Company
US: Georgia
+ Gramercy Insurance Company 02722 B+ B
US: Texas
Grange Mutual Insurance 00423 NR-5 A
Company (NH)
US: New Hampshire
Gulf Guaranty Insurance Company 11128 NR-4 B+
US: Mississippi
- Hereford Insurance Company 02494 C+ B-
US: New York
- ISMIE Mutual Insurance Company 03757 B+ B++
US: Illinois
Midwest Casualty Insurance 11223 NR-5 B-
Company
US: North Dakota
Mountbatten Surety Company, Inc 11472 NR-5 A
US: Pennsylvania
- National American Insurance 03105 B B++
Co of CA
US: California
New National Continental Insurance 00547 A NR-3
Company
US: New York
+ Phoenix Indemnity Insurance 10612 B- D u
Company
US: Arizona
New Producers Agriculture 12485 B++ NR-3
Insurance Company
US: Texas
New Producers Agriculture 18575 B++
Insurance Group
US: Texas
New Producers Lloyds Insurance 02729 B++ NR-3
Company
US: Texas
New Safe Insurance Company 11614 B+ NR-5
US: West Virginia
St Paul Insurance Company 04871 NR-5 A
of IL
US: Illinois
St Paul Property & Casualty 01702 NR-5 A
Insurance Co
US: Nebraska
Trenwick America Reinsurance 03747 NR-4 C u
Corporation
US: Connecticut
Unisource Insurance Company 11102 NR-5 F
US: Florida
- United Automobile 10781 C+ B-
Insurance Company
US: Florida
- United Automobile 18415 C+ B-
Insurance Group
US: Florida
New Unitrin Advantage Insurance 12163 A NR-3
Company
US: New York
+ Wisconsin Municipal Mutual 10683 A A-
Insurance Co
US: Wisconsin
International
- AGF Group 85129 A+ A++ u
France
- Underwriter Insurance 87115 B++ A- u
Company Limited
United Kingdom
Rating Action: (+) or (-) Rating upgraded or downgraded;
(New) Assigned initial rating;
(u) Rating placed under review
Ratings Under Review
Life/Health
Rating Current
Action Company Name & Domicile AMB# Rating
U Allianz Life Insurance Co of NA 06830 A+ u
US: Minnesota
U Allianz Life Insurance Co of New 09417 A+ u
York
US: New York
U GuideOne Life Insurance Company 06945 A- u
US: Iowa
U Hannover Life Reassurance Co of 68031 A u
America
US: Florida
Property/Casualty
U Insurance Corporation of 02643 A+ u
Hannover
US: Illinois
International
U E+S Reinsurance (Ireland) Ltd 86580 A+ u
Ireland
U E+S Rueckversicherungs-AG 85064 A+ u
Germany
U Hannover Life Reassurance 84133 A+ u
(Ireland) Ltd
Ireland
U Hannover Reinsurance (Ireland) 86581 A+ u
Limited
Ireland
U Hannover Rueckversicherungs-AG 84092 A+ u
Germany
U Hannover Rueckversicherungs-AG 85070 A+ u
Germany
U HDI Haftpflichtverband Deutsch 85068 A+ u
Industrie
Germany
U HDI Reinsurance (Ireland) 86922 A+ u
Limited Ireland
Rating Previous
Action Company Name & Domicile Rating
U Allianz Life Insurance Co of NA A+
US: Minnesota
U Allianz Life Insurance Co of New A+
York
US: New York
U GuideOne Life Insurance Company A-
US: Iowa
U Hannover Life Reassurance Co of A
America
US: Florida
Property/Casualty
U Insurance Corporation of A+
Hannover
US: Illinois
International
U E+S Reinsurance (Ireland) Ltd A+
Ireland
U E+S Rueckversicherungs-AG A+
Germany
U Hannover Life Reassurance A+
(Ireland) Ltd
Ireland
U Hannover Reinsurance (Ireland) A+
Limited
Ireland
U Hannover Rueckversicherungs-AG A+
Germany
U Hannover Rueckversicherungs-AG A+
Germany
U HDI Haftpflichtverband Deutsch A+
Industrie
Germany
U HDI Reinsurance (Ireland) A+
Limited Ireland
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 AM, Best ratings (A++ to F) are assigned to insurance companies that 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 service. 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. Secure Best's Ratings A++ and A+ Superior A and A- Excellent B++ and B+ Very 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 RATING MODIFIERS Under Review (u) Rating Modifiers are assigned to Best's 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. 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 . Best's Public Data (pd) 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. , 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 Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: using publicly available data and other public information.
NOT RATED CATEGORIES (NR)
Companies not assigned a Best's Rating 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. Best's Ratings are proprietary and may not be reproduced without permission. Version 061802 |
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