Best's rating changes.
See page 26 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/Health - Allianz Life Insurance Co of NA 06830 A A+ US: Minnesota - Allianz Life Insurance Co of New York 09417 A A+ US: New York New Atlantic Coast Life Insurance Company 06132 B+ NR-5 US: South Carolina HMO - AMERIGROUP Maryland a Managed Care Org 64612 C+ pd C++ pd US: District Of Columbia - AMERIGROUP New Jersey Inc 64209 C+ pd C++ pd US: New Jersey + Care 1st Health Plan Inc 64143 B- pd C++ pd US: California - Cariten Health Plan Inc 64425 B- pd B pd US: Tennessee - Colorado Access 64310 C pd C+ pd US: Colorado - Community Health Group 64145 C pd C++ pd US: California - Cox Health System HMO 64421 C pd C+ pd US: Missouri Dedicated Dental Systems Inc 64720 B- pd NR-5 US: California Elder Health Maryland HMO Inc 64697 C pd NR-5 US: Maryland Elder Health Pennsylvania HMO Inc 64743 C pd NR-5 US: Pennsylvania Elderplan Inc 64286 C+ pd NR-5 US: New York + Good Health HMO Inc 68956 B+ pd B pd US: Missouri Grand Valley Health Plan Inc 68632 C++ pd NR-5 US: Michigan - Health Plan of Michigan 64615 B- pd B pd US: Michigan Health Plus of Louisiana Inc 64279 B- pd NR-5 US: Louisiana - Health Right Inc 64611 B- pd B pd US: District Of Columbia Healthplan of Texas Inc 64455 NR-5 C++ pd US: Texas Hometown Health Plan 64235 NR-5 C++ pd US: Nevada + Kaiser Fdn Hlth PI Mid-Atlantic States 68551 B++ pd B+ pd US: Maryland + Kaiser Foundation Health Plan Inc 64585 B++ pd B+ pd US: California + Kaiser Foundation Health Plan of CO 68516 B++ pd B+ pd US: Colorado + Kaiser Foundation Health Plan of Georgia 68528 B++ pd B+ pd US: Georgia + Kaiser Foundation Health Plan of NW 68585 B++ pd B+ pd US: Oregon + Kaiser Foundation Health Plan of Ohio 68577 B++ pd B+ pd US: Ohio Lovelace Sandia Health Systems Inc 68562 C+ pd NR-5 US: New Mexico - M-Care Inc 68783 B- pd B pd US: Michigan - McLaren Health Plan Inc 64616 B- pd B pd US: Michigan - Medica Health Plans 68559 B+ pd B++ pd US: Minnesota MMM Healthcare Inc 64707 C pd NR-5 US: Puerto Rico - NevadaCare Inc 64194 C pd C+ pd US: Nevada Partners National Health Plans of IN 68836 NR-5 C+ pd US: Indiana + PrimeCare Medical Network Inc 64659 C++ pd C+ pd US: California Saint Mary's HealthFirst 64237 NR-5 C+ pd US: Nevada + Scan Health Plan 60187 B- pd C++ pd US: California + Seton Health Plan Inc 64252 C++ pd C pd US: Texas + Sioux Valley Health Plan 64393 C+ pd C pd US: South Dakota + Texas Children's Health Plan Inc 64244 B- pd C++ pd US: Texas Touchpoint Health Plan Inc 68802 NR-5 C++ pd US: Wisconsin University Health Care Inc 64408 NR-5 C++ pd US: Kentucky + University Health Plans Inc 60157 C+ pd C pd US: New Jersey - ValueOptions of California Inc 64653 C pd B- pd US: California WINhealth Partners 64021 B pd NR-5 US: Wyoming Property/Casualty - Alea Group--U.S. 18590 B++ A- u US: New York - Alea North America Insurance 12467 B++ A- u Company US: New York - Alea North America Specialty Ins Co 11432 B++ A- u US: Delaware BCAA Insurance Corporation * 87017 NR-4 B++ Canada: British Columbia New Eastern Dentists Insurance Co (A RRG) 11397 B+ NR-4 US: Vermont New Granite Re, Inc 11379 A- NR-2 US: Oklahoma IGF Insurance Company 03543 NR-5 F US: Indiana New Progressive Commercial Auto Group 18673 A+ US: Ohio - PXRE Reinsurance Company 02797 A- u A u US: Connecticut + Regis Insurance Company 02676 B+ B US: Pennsylvania New Travelers Auto Ins Co of New Jersey 12031 A NR-3 US: New Jersey International AA Mutual International Insurance Co Ltd 87200 E NR-5 United Kingdom AG RE Cie de Reasr Gen en Liquidation 78020 F Switzerland - Alea (Bermuda) Ltd 86991 B++ A- u Bermuda - Alea Europe Limited 85734 B++ A- u Switzerland - Alea Global Risk Limited 72216 B++ A- u Jersey - Alea Group 51009 B++ A- u Bermuda - Alea Jersey Limited 72178 B++ A- u Jersey - Alea London Limited 85333 B++ A- u United Kingdom Andrew Weir Insurance Company Limited 87221 E NR-5 United Kingdom Anglo American Insurance Company Limited 85546 E NR-5 United Kingdom Aviation & General Insurance Company Ltd 86479 E NR-5 United Kingdom BAI (Run-off) Limited 87226 E NR-5 United Kingdom Bryanston Insurance Company Limited 85564 E NR-5 United Kingdom New Caring Communities Insurance Company 75478 B+ Cayman Islands Charter Reinsurance Company Limited 85504 E NR-5 United Kingdom + Drake Insurance plc 87322 E F United Kingdom El Paso Insurance Company Limited 85083 E NR-5 United Kingdom Guarantee Re AG in Liquidation 75410 F Switzerland Karlshamns Re AG in Liquidation 75589 F Switzerland - Olympus Reinsurance Company Ltd. 83019 B+ u A- Bermuda - PXRE Group 84807 A- u A u Bermuda - PXRE Reinsurance Ltd. 84141 A- u A u Bermuda SCG Rueckversicherung AG Liquidation 76504 F Switzerland Sesapro S.A. en liquidation 73454 F Switzerland Sovereign Marine & General Ins Co Ltd 85003 E NR-5 United Kingdom * Rating was affirmed B++ on Sept. 21. Current rating effective Sept. 22. Rating Action: (+) or (-) Rating upgraded or downgraded; (New) Assigned initlal rating; (u) Rating placed under review Rating Under Review Rating Current Previous Action Company Name & Domicile AMB# Rating Rating Life/Haatth u HIP Insurance Company of New York 08034 B++ u B++ US: New York u Mutual Savings Life Insurance Company 06753 B- u B- US: Alabama u Vytra Health Services Inc 64599 B+ u B+ US: New York XL Life Insurance and Annuity Company 60395 A+ u A+ US: Illinois HMO u ConnectiCare Inc 68517 B+ u B+ US: Connecticut u Health Insurance Pin of Greater NY 68985 B++ u B++ US: New York u Vytra Health Plans Long Island Inc 68957 B+ u B+ US: New York Property/Casualty u Allied World Assurance (US) Inc. 12525 A+ u A+ US: Delaware u Allmerica Financial Alliance Ins Co 11746 A- u A- US: New Hampshire u Allmerica Financial Benefit Insurance Co 11212 A- u A- US: Michigan u Allmerica Fin'l Property & Casualty Cos 04861 A- u A- US: Massachusetts u Balboa Insurance Company 00195 A u A US: California u Balboa Insurance Group 04062 A u A US: California u Citizens Insurance Company of America 00264 A- u A- US: Michigan u Citizens Insurance Company of Illinois 12023 A- u A- US: Illinois u Citizens Insurance Company of MidW 11747 A- u A- US: Indiana u Citizens Insurance Company of Ohio 11679 A- u A- US: Ohio u Clearwater Insurance Company 03083 A u A US: Delaware u Endurance Reinsurance Corp of America 12559 A u A US: New York u Florists Insurance Company 03711 A- u A- US: Illinois u Florists Mutual Group 03977 A- u A- US: Illinois u Florists Mutual Insurance Company 03142 A- u A- US: Illinois u Greenwich Insurance Company 11095 A+ u A+ US: Delaware u Hanover American Insurance Company 10784 A- u A- US: New Hampshire u Hanover Insurance Company 02225 A- u A- US: New Hampshire u Hanover Lloyds Insurance Company 01734 A- u A- US: Texas u Hanover New Jersey Insurance Company 12626 A- u A- US: New Hampshire u Hudson Insurance Company 03081 A u A US: Delaware u Hudson Specialty Insurance Company 12631 A u A US: New York u Indian Harbor Insurance Company 11340 A+ u A+ US: North Dakota u Louisiana Farm Bureau Mutual Ins Co 00561 A- u A- US: Louisiana u Massachusetts Bay Insurance Company 02226 A- u A- US: New Hampshire u Meritplan Insurance Company 02260 A u A US: California u Mississippi Farm Bureau Mutual Ins Co 00645 A+ u A+ US: Mississippi u Newmarket Underwriters Insurance Company 12526 A+ u A+ US: New Hampshire u Newport Insurance Company 02068 A u A US: Arizona u NLC Mutual Insurance Company 11291 B+ u B+ US: Vermont u Odyssey America Reinsurance Corporation 00539 A u A US: Connecticut u Odyssey Reinsurance Group 18514 A u A US: Delaware u Partner Reinsurance Company of the U.S. 02671 A+ u A+ US: New York u PartnerRe Insurance Company of New York 03025 A+ u A+ US: New York u PartnerRe US Group 18470 A+ u A+ US: Connecticut u Stonington Insurance Company 00175 A u A US: Texas u Stonington Lloyds Insurance Company 12577 A u A US: Texas u XL America Group 18130 A+ u A+ US: Delaware u XL Insurance America, Inc. 02423 A+ u A+ US: Delaware u XL Insurance Company of New York, Inc. 12182 A+ u A+ US: New York u XL Lloyds Insurance Company 12708 A+ u A+ US: Texas u XL Reinsurance America Inc. 02104 A+ u A+ US: New York u XL Select Insurance Company 02424 A+ u A+ US: Oklahoma u XL Specialty Insurance Company 00779 A+ u A+ US: Delaware International u Allied World Assurance Co (Europe) Ltd 83090 A+ u A+ Ireland u Allied World Assurance Co (Re) Ltd 89238 A+ u A+ Ireland u Allied World Assurance Company Ltd 84808 A+ u A+ Bermuda u Consumer Insurance Services Limited 84340 A- u A- New Zealand u DaVinci Reinsurance Ltd 84749 A u A Bermuda u Endurance Specialty Insurance Ltd 84835 A u A Bermuda u Endurance Worldwide Insurance Limited 83234 A u A United Kingdom u Glencoe Group 89072 A u A Bermuda u Glencoe Insurance Ltd 86548 A u A Bermuda u Imagine Insurance Company Limited 84750 A- u A- Barbados u IPCRe Europe Limited 87117 A+ u A+ Ireland u IPCRe Group 83062 A+ u A+ Bermuda u IPCRe Limited 86221 A+ u A+ Bermuda u Lantana Insurance Ltd 75594 A u A Bermuda u Montpelier Reinsurance Ltd. 84809 A u A Bermuda u Overseas Partners Cat Limited 55023 A u A Bermuda u Partner Reinsurance Company Ltd 84424 A+ u A+ Bermuda u PartnerRe Group 86411 A+ u A+ Bermuda u PartnerRe SA 85248 A+ u A+ France u Renaissance Reinsurance Ltd 86357 A+ u A+ Bermuda u Renaissance Reinsurance of Europe 87847 A+ u A+ Ireland u Rosemont Reinsurance Ltd. 84802 A- u A- Bermuda u Western General Insurance Ltd 85932 A u A Bermuda u XL Capital Group 86079 A+ u A+ Cayman Islands u XL Europe Limited 86202 A+ u A+ Ireland u XL Insurance (Bermuda) Ltd 85633 A+ u A+ Bermuda u XL Insurance Company Limited 87674 A+ u A+ United Kingdom u XL Life Ltd 73313 A+ u A+ Bermuda u XL Re Latin America Ltd 86824 A+ u A+ Switzerland u XL Re Ltd 86106 A+ u A+ Bermuda Rating Action: (+) or (-) Rating upgraded or downgraded; (New) Assigned initial rating; (u) Rating placed under review Rating was affirmed B++ on Sept. 21. Current rating effective Sept. 22. GUIDE TO BEST'S FINANCIAL STRENGTH RATINGS A Best's 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 Ratings are not a warranty of a company's financial strength and ability to meet its obligations to policyholders. Financial Strength Ratings A Best's Financial Strength Rating (FSR) is an opinion of an insurer's ability to meet its obligations to policyholders. Rating Descriptor Definition Secure A++, A+ Superior Assigned to companies that have, in our opinion, a superior ability to meet their ongoing obligations to policyholders. A, A- Excellent Assigned to companies that have, in our opinion, an excellent ability to meet their ongoing obligations to policy- holders. B++, B+ Very Good Assigned to companies that have, in our opinion, a good ability to meet their on- going obligations to policyholders. Vulnerable B, B- Fair Assigned to companies that have, in our opinion, a fair ability to meet their on- going obligations to policyholders and are financially vulnerable to adverse changes in underwriting and economic conditions. C++, C+ Marginal Assigned to companies that have, in our opinion, a marginal ability to meet their ongoing obligations to policyholders and are financially vulnerable to adverse changes in underwriting and economic con- ditions. C, C- Weak Assigned to companies that have, in our opinion, a weak ability to meet their current obligations to policyholders, but are financially very vulnerable to adverse changes in underwriting and economic conditions. D Poor Assigned to companies that have, in our opinion, a poorly ability to meet their ongoing obligations to policy- holders and are financially extremely vulnerable to adverse changes in under- writing and economic conditions. E Under Assigned to companies (and possibly their Regulatory subsidiaries/affiliates) that have been Supervision placed by an insurance regulatory authori- ty under a significant form of supervi- sion, control or restraint whereby they are no longer allowed to conduct normal ongoing insurance operations. This would include conservatorship or rehabilitation, but does not include liquidation. It may also be assigned to companies issued cease and desist orders by regulators outside their home state or country. F In Liquidation Assigned to companies that have been placed under an order of liquidation by a court of law or whose owners have volunta- rily agreed to liquidate the company. Note: Companies that voluntarily liquidate or dissolve their charters are generally not insolvent. S Suspended Assigned to companies that have expe- rienced sudden and significant events affecting their balance sheet strength or operating performance and whose rating implications cannot be evaluated due to a lack of timely or adequate information. Rating Modifiers and Affiliation Codes A rating modifier can be assigned to indicate that a Best's Rating may be subject to near-term change (under review), that a company did not subscribe to Best's interactive rating process (public data) and that the rating is assigned to a syndicate operating at Lloyd's. Affiliation codes (g, p, and r) are added to Best's Ratings to identify companies whose assigned ratings are based on group, pooling or reinsurance affiliation with other insurers. Ratings Modifiers Modifier Descriptor Definition u Under Review A modifier that generally is event-driven (positive, negative or developing) and is assigned to a company whose Best's Rating opinion is under review and may be subject to change in the near-term, generally defined as six months. pd Public Data Assigned to insurers that do not subscribe to Best's interactive rating process. Best's "pd" Ratings reflect qualitative and quantitative analyses using public data and information. s Syndicate Assigned to syndicates operating at Lloyd's. Affiliation Codes g Group p Pooled r Reinsured Not Rated Categories (NR) Assigned to companies reported on by A.M. Best, but not assigned a Best's Rating. The five categories are: NR-1: Insufficient NR-2: Insufficient NR-3: Rating Procedure Data. Size and/or Opera- Inapplicable. ting Experience. NR-4: Company NR-5: Not Formally Request. Followed. Rating Outlook Best's Ratings (A++ to D) are assigned a Rating Outlook that indicates the potential direction of a company's rating for an intermediate period, generally defined as the next 12 to 36 months. Public Data Ratings are not assigned an Outlook. Rating Outlooks, which appear in the rating rationale section of the company's Best's Company Report, are as follows: Positive Indicates a company's financial/market trends are favorable, relative to its current rating level and, if continued, the company has a good possibility of having its rating upgraded. Negative indicates a company is experiencing unfavorable financial/ market trends, relative to its current rating level and if continued, the company has a good possibility of having its rating downgraded. Stable Indicates a company is experiencing stable financial/ market trends and there is a low likelihood that its rating change in the near term. Best's 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 Ratings are proprietary and may not be reproduced without permission. Copyright [C] 2003 by A.M. Best Company, Inc. Version 093005
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|Date:||Nov 1, 2005|
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