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Best's Rating Changes. (Ratings).

This summary of Best's Rating Changes includes U.S. domiciled life, and property/casualty insurers as well as international insurers that had ratings assigned, changed or placed under review since this section last appeared in the November 2002 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 21 for the Current Guide to Best's Ratings or visit theA.M.Best Co.Web site at wwwambest.com/ratings/access.btml 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

- Allmerica Financial Life Ins & Ann Co 08491 C++ u B+ u
 US: Delaware

- American Founders Life Insurance 06057 B B+
 Company
 US: Texas

+ Chesapeake Life Insurance Company 06215 A- B++
 US: Oklahoma

+ Companion Life Insurance Company 08064 A+ A
 US: South Carolina

- Employers Reassurance Corporation 06976 A+ A++
 US: Kansas

- ERC Life Reinsurance Corporation 08928 A+ A++
 US: Missouri

- First Allmerica Financial Life Ins Co 07086 C++ u B+ u
 US: Massachusetts

- Gerling Global Life Insurance Company 06460 B++ u A- u
 Canada: Ontario

- Gerling Global Life 60212 B++ u A- u
 Reinsurance Company
 US: California

- MTL Insurance Company 06756 A- A
 US: Illinois

- Oxford Life Insurance Company 07890 B u B++
 US: Arizona

- Presidential Life Insurance Company 06948 B++ A-
 US: New York

- Sage Life Assurance of America Inc 09059 A- u Au
 US: Delaware

- Shenandoah Life Insurance Company 07044 A- A
 US: Virginia

- States General Life Insurance Company 07090 B- B
 US: Texas

 Health Care

New AmeriChoice of New Jersey Inc 64214 A- B pd
 US: New Jersey

New AmeriChoice of New York 64290 A- NR-5
 US: New York

New AmeriChoice of Pennsylvania Inc 64159 A- B pd
 US: Pennsylvania

+ Blue Cross&Blue Shield of 01727 A+ A
 South Carolina
 US: South Carolina

- Christian Fidelity Life Insurance Co 06217 Bu B++
 US: Texas

+ Companion HealthCare Corporation 68593 A+ A
 US: South Carolina

 Delta Dental Plan of Michigan 68575 B+ pd NR-5
 US: Michigan

 Delta Dental Plan of Missouri 65732 B++ pd NR-5
 US: Missouri

 Delta Dental Plan of New Jersey Inc 60194 A pd NR-5
 US: New Jersey

New Health Plan of the Redwoods 68991 F C++ pd
 US: California

- Life and Health Insurance 08070 C++ B-
 Co of America
 US: Pennsylvania

- Lifeguard Life Insurance Company 08629 E C+
 US: California

- North American Insurance Company 60015 B u B+
 US: Wisconsin

 Preferred Health Systems 68657 NR-3 A
 Incorporated
 US: South Carolina

New Renaissance Health Plan 64200 E C- pd
 US: Ohio

New Scott & White Health Plan 60161 A- B pd
 US: Texas

- Universal Care 68894 B- B+
 US: California

- Washington Dental Service 64410 A- A
 US: Washington

 Property/Casualty

- Alistar Insurance Company 11785 F E
 US: California

- Allmerica Financial Alliance Ins Co 11746 B++ u A- u
 US: New Hampshire

- Allmerica Financial Benefit 11212 B++ u A- u
 Insurance Co
 US: Michigan

- Allmerica Fin'l Property & 04861 B++ u A- u
 Casualty Cos
 US: Massachusetts

- American Healthcare Indemnity Company 11856 B+ B++ u
 US: Delaware

- American Healthcare Specialty Ins Co 11855 B+ B++ u
 US: Arkansas

- Anesthesiologists Professional 10887 B++ A-
 Assur Co
 US: Florida

 Canterbury Financial Group 18335 NR-5 A- u
 US: Connecticut

 Chartwell Insurance Company 02567 B u A- u
 US: Connecticut

- Citizens Insurance Company of America 00264 B++ u A- u
 US: Michigan

- Citizens Insurance Company of Illinois 12023 B++ u A- u
 US: Illinois

- Citizens Insurance Company of MidW 11747 B++ u A- u
 US: Indiana

- Citizens Insurance Company of Ohio 11679 B++ u A- u
 US: Ohio

- Commercial Mutual Insurance Company 11627 B+ B++ u
 US: Georgia

- Cornerstone Mutual Insurance Company 11626 B+ B++ u
 US: Georgia

- Covenant Group (GA) 18521 B+ B++ u
 US: Georgia

- Crusader Insurance Company 01889 B+ A- u
 US: California

- Dakota Specialty Insurance Company 11981 B+ u A- u
 US: North Dakota

- Employers Re Corp Group 05967 A+ A++
 US: Missouri

- Employers Reinsurance Corporation 00347 A+ A++
 US: Missouri

- First Professionals Insurance 03743 B++ A-
 Co, Inc.
 US: Florida

- Fortune Insurance Company 03530 NR-5 F
 US: Florida

- FPIC Insurance Group, Inc. 18457 B++ A-
 US: Florida

- GE Global Insurance Group 25025 A+ A++
 US: Kansas

- GE Reinsurance Corporation 04124 A+ A++
 US: Illinois

- Gerling Global Reinsurance Company 85750 B++ u A- u
 Canada: Ontario

- Germania Farm Mutual Insurance Assn 03687 A u A+
 US: Texas

- Germania Fire & Casualty Company 02779 A u A+
 US: Texas

- Germania Insurance Company 03840 A u A+
 US: Texas

- Germania Mutual Group 03876 A u A+
 US: Texas

- Hanover American Insurance Company 10784 B++ u A- u
 US: New Hampshire

- Hanover Insurance Company 02225 B++ u A- u
 US: New Hampshire

- Hanover Lloyds Insurance Company 01734 B++ u A- u
 US: Texas

- Heartland Lloyds Insurance Company 11636 C- B+
 US: Texas

- Insurance Corporation of New York 03500 B+ u A- u
 US: New York

- Interlex Insurance Company 11663 B++ A-
 US: Missouri

- Intermed Insurance Company 10406 B++ A-
 US: Missouri

+ Ixonia Mutual Insurance Company 10526 A- B++
 US: Wisconsin

+ LG Insurance Company, Ltd USB 11037 A- B++
 South Korea

- Loyalist Insurance Company 87061 B- pd B pd
 Canada: Ontario

+ Lutheran Mutual Fire Insurance 03522 A- B++
 Company
 US: Illinois

- Massachusetts Bay Insurance Company 02226 B++ u A- u
 US: New Hampshire

- Medical Protective Company 00591 A+ A++
 US: Indiana

- North American Fire & Casualty Ins Co 11685 B u B+
 US: Louisiana

- Oak Casualty Insurance Company 10626 E C+ u
 US: Illinois

+ Paratransit Insurance Co a 10704 B++ B+
 Mutual RRG
 US: Tennessee

 Pioneer Insurance Company (OH) 01959 NR-5 A
 US: Ohio

New Prism Assurance, Ltd 72318 B++
 US: Vermont

- Republic Western Insurance Company 03597 B u B+
 US: Arizona

- Republic Western Insurance Group 18443 B u B+
 US: Nevada

+ Samsung F & M Insurance Co. Ltd USB 11021 A+ A
 South Korea

- SCPIE Companies 18350 B+ B++ u
 US: California

- SCPIE Indemnity Company 11800 B+ B++ u
 US: California

New Seven Seas Insurance Company, Inc 11517 A- NR-1
 US: Florida

New Southern General Indemnity 12547 A-
 Insurance Co
 US: Dist. Of Columbia

- Southern Group Indemnity, Inc 11104 C++ B-
 US: Florida

 Southern Heritage Insurance Company 02480 NR-5 A
 US: Georgia

- Trenwick America Reinsurance 03747 B+ u A- u
 Corporation
 US: Connecticut

 Trenwick Group 18503 NR-5 A- u
 Bermuda

 International

New Allied World Assurance Co 83090 A+
 (Europe) Ltd
 Ireland

- Britannic Assurance plc 87253 B pd B+ pd
 United Kingdom

New Compania Internacional de Seguros SA 87142 B++ NR-5
 Panama

- Co-operative Insurance Society Ltd 87284 B+ pd B++ pd
 United Kingdom

 Friends Provident Life & Pensions Ltd 84844 B++ pd NR-5
 United Kingdom

- GE Frankona Group 88108 A+ A++
 Germany

- GE Frankona Reassurance Limited 86653 A+ A++
 United Kingdom

- GE Frankona Reinsurance A/S 85501 A+ A++
 Denmark

- GE Frankona Reinsurance Ltd 86655 A+ A++
 United Kingdom

- GE Frankona Rueckversicherungs-AG 85311 A+ A++
 Germany

- Gerling Global General & Reins Co Ltd 86596 B++ u A- u
 United Kingdom

- Gerling Global International Reins Co 86640 B++ u A- u
 Barbados

- Gerling Global Life Reassurance 86597 B++ u A- u
 Co (UK)
 United Kingdom

- Gerling Global Life Reins 86598 B++ u A- u
 of Australia
 Australia

- Gerling Global Reins Co of 86599 B++ u A- u
 Australia Pty
 Australia

- Gerling Global Reins Co of 86600 B++ u A- u
 South Africa
 South Africa

- Gerling Global Sweden 86613 B++ u A- u
 Reinsurance Co Ltd
 Sweden

- Gerling Global Ruckversicherung AG 86595 B++ u A- u
 Switzerland

- Gerling-Konzern Globale 85476 B++ u A- u
 Ruckversicherung
 Germany

 Harrington International 86498 NR-5 A u
 Insurance Ltd
 Bermuda

New IPCRe Group 83062 A+
 Bermuda

- Irish Euopean Reinsurance 86848 A+ A++
 Company Ltd
 Ireland

- LaSalle Re Limited 86314 B+ u B++ u
 Bermuda

+ LG Insurance Co, Ltd 86459 A- B++
 South Korea

New Lloyd's Syndicate 102 47762 A s
 United Kingdom

New Lloyd's Syndicate 510 47972 A s
 United Kingdom

 London Life Limited 87440 NR-5 B- pd
 United Kingdom

- Luxembourg European 86847 A+ A++
 Reinsurance S.A.
 Luxembourg

 NPI Limited 84152 B+ pd NR-5
 United Kingdom

 Pearl Assurance plc 85837 NR-5 B pd
 United Kingdom

- Royal London Mutual Insurance 87567 B pd B+ pd
 Soc Ltd
 United Kingdom

+ Samsung Fire & Marine 85850 A+ A
 Insurance Co, Ltd
 South Korea

 Scottish Mutual Assurance Plc 87585 B+ pd NR-5
 United Kingdom

 Sun Life Assurance Society plc 87615 NR-5 B pd
 United Kingdom

- Trenwick International Limited 86512 B+ u A- u
 United Kingdom

- Winterthur Life UK Limited 87287 B- pd B+ pd
 United Kingdom


Rating Action: (+) or (-) Rating upgraded or or downgraded; (New)
Assigned initial rating; (u) Rating placed under review

Ratings Under Review

Rating Current Previous
Action Company Name & Domicile AMB# Rating Rating
 Life

U Bankers Life Insurance Company 08448 B u B
 US: Florida
U Investors Insurance Corporation 06583 A u A
 US: Delaware
U Republic-Vanguard Life 06996 A u A
 Insurance Company
 US: Texas
U SCOR Life U.S. Re Insurance 06555 A u A
 Company
 US: Texas

 Property/Casualty

U Bankers Insurance Company 03683 B u B
 US: Florida
U Bankers Insurance Group 18265 B u B
 US: Florida
U Bankers Security Insurance 11572 B u B
 Company
 US: Florida
U Commercial Risk Re-Insurance 11378 A u A
 Company
 US: Vermont
U First Community Insurance 04496 B u B
 Company
 US: New York
U General Secur P & C Co 03129 A u A
 US: New York
U General Security Indemnity 02837 A u A
 Co of Arizona
 US: Arizona
U General Security Indemnity 03845 A u A
 Company
 US: New York

 Property/Casualty (continued)

U General Security Insurance 11353 A u A
 Company
 US: New York
U General Security National 02665 A u A
 Insurance Co
 US: New York
U Regis Insurance Company 02676 B+ u B+
 US: Pennsylvania
U SCOR Canada Reinsurance Company 85445 A u A
 Canada: Ontario
U SCOR Reinsurance Company 03599 A u A
 US: New York
U SCOR U S Group 03873 A u A
 US: New York

 International

U Commercial Risk Reinsurance 86514 A u A
 Company Ltd
 Bermuda
U SCOR 85027 A u A
 France
U SCOR DEUTSCHLAND 85312 A u A
 Rueckversicherungs
 Germany
U SCOR Group 86155 A u A
 France
U Scor Italia Riassicurazioni 85232 A u A
 S.p.A.
 Italy
U SCOR Reinsurance Asia- 86117 A u A
 Paccific Pte Ltd
 Singapore
U SCOR UK Company Ltd 85448 A u A
 United Kingdom

Rating Action: (+) or (-) Rating upgraded or 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 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 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 your request, please provide the company's identification number (AMB #).

* All rating actions are published in the Rating Monitor section of Best Weeks. Selected rating changes and new ratings are published in Best's Re vie Review[R] (our monthly magazine),
BEST'S RATINGS

A.M. Best ratings (A++ to F) are assigned to insurance companies that
subscribe to our interactive rating service. The Best's Rating
represents an opinion based on a comprehensive quantitative and
qualitative 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 change. Best's Public Data (Pd) Rating Modifiers
may be assigned to Health Maintenance Organizations (HMOs), Canadian, UK
and other European 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 (s) Rating Modifiers are assigned to syndicates
operating at Lloyd's.


Rating Modifiers
u Under Review
s Syndicate
pd Public Data

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)

Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional reserve funds. For information, refer to the Preface.

Best's Ratings are proprietary and may not be reproduced without permission.
COPYRIGHT 2002 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
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Title Annotation:Insurance companies' ratings
Publication:Best's Review
Geographic Code:1USA
Date:Dec 1, 2002
Words:2182
Previous Article:Senate's Republican shift may aid insurance industry agenda. (Briefing).
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