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Rating actions.

This edition reflects all financial strength rating changes--assignments, changes or placed under review--that occurred for life, health and property/casualty insurers domiciled in North America, as well as non-U.S, insurance companies, since this section last appeared in the May 2009 edition of Best's Review.

See page 27 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   Company Name.                  Current   Previous
Action   & Domicile             AMB#    Rating     Rating

U.S. Life/Health

         American Independent   60292     NR-4          D
         Network Ins of NY
         New York

         Forethought Life       08321     NR-5         A-
         Assurance Company
         Indiana

         Golden State Mutual    06466     NR-4        C++
         Life Insurance Co
         California

-        ING Life Insurance     06895        A         A+
         and Annuity Co
         Connecticut

-        ING USA Annuity and    08388        A         A+
         Life Insurance Co
         Iowa

-        Medical Savings        07677        F          E
         Insurance Company
         Indiana

-        Merrill Lynch Life     09537        A         A+
         Insurance Company
         Arkansas

-        Midwestern United      06718       A-          A
         Life Insurance Co
         Indiana

-        ML Life Insurance      08487        A         A+
         Company of New York
         New York

-        Monumental Life        06742        A         A+
         Insurance Company
         Iowa

+        Mutual Savings Life    06753       A-        B++
         Insurance Company
         Alabama

-        North Carolina         06835     B- u          B
         Mutual Life
         Insurance Co

         North Carolina

-        Pharmacists Life       08946       B+        B++
         Insurance Company
         Iowa

-        Reliable Life          06986       A-          A
         Insurance Company
         Missouri

-        ReliaStar Life         06157        A         A+
         Insurance Co of NY
         New York

-        ReliaStar Life         06846        A         A+
         Insurance Company
         Minnesota

-        Security Life of       07029        A         A+
         Denver Insurance Co
         Colorado

-        SPJST                  09606        B         B+
         Texas

-        Stonebridge Life       06594        A         A+
         Insurance Company
         Vermont

-        Transamerica           07267        A         A+
         Financial Life
         Insurance Co
         New York

-        Transamerica Life      06095        A         A+
         Insurance Company
         Iowa

-        Union National Life    07155       A-          A
         Insurance Company
         Louisiana

-        United Insurance       07174       A-          A
         Company of America
         Illinois

-        Western Reserve Life   07239        A         A+
         Assurance Co of OH
         Ohio

U.S. Property/Casualty

-        Alpha Property         02634       A-          A
         & Casualty
         Insurance Co
         Wisconsin

+        Aspen Specialty        12630        A       A- u
         Insurance Company
         North Dakota

         ASure Worldwide        12555     NR-3         A+
         Insurance Company
         Michigan

+        Blue Whale Re Ltd.     71170        A         A-
         Vermont

-        CAMICO Mutual          10748      B++         A-
         Insurance Company
         California

-        Capitol County         03829       A-          A
         Mutual Fire
         Insurance Co

         Texas

-        Charter Indemnity      10419       A-          A
         Company
         Texas

         Coral Insurance        12678        E       NR-5
         Company
         Florida

         Farmers' Mutual Fire   04736     NR-5         B-
         Ins Co of Dug Hill
         Maryland

-        Financial Indemnity    00391       A-          A
         Company
         California

         Fortuity Insurance     12299     NR-3         A+
         Company
         Michigan

+        Georgia Casualty &     00410       A-         B+
         Surety Company
         Georgia

New      Golden Insurance       12492       B+       NR-2
         Company, RRG
         Nevada

+        Hartford Steam         03961       A+        A u
         Boiler Group
         Connecticut

+        Hartford Steam         00465       A+        A u
         Boiler Inspec & Ins
         Connecticut

+        Hartford Steam         11074       A+        A u
         Boiler Inspec &
         Ins Co CT
         Connecticut

New      Insurance Company      04938        A       NR-3
         of Illinois
         Illinois

-        Kemper Independence    12213       A-          A
         Insurance Co
         Illinois

+        MEEMIC Insurance       04435        A       A- u
         Company
         Michigan

+        MEMIC Indemnity        12405        A         A-
         Company
         New Hampshire

-        Merastar Insurance     03596       A-          A
         Company
         Indiana

+        Mutual Savings Fire    03655       A-         B+
         Insurance Company
         Alabama

New      North Light            13927        A
         Specialty
         Insurance Co
         Illinois

-        Old Reliable           03807       A-          A
         Casualty Company
         Missouri

         Safeco Insurance       00078     NR-5          A
         Companies
         Washington

+        SureTec Insurance      12227        A         A-
         Company
         Texas

-        Trinity Universal      02523       A-          A
         Insurance Company
         Texas

-        Union National Fire    03199       A-          A
         Insurance Company
         Louisiana

-        United Casualty        02533       A-          A
         Insurance Co of
         America
         Illinois

-        Unitrin Advantage      12163       A-          A
         Insurance Company
         New York

-        Unitrin Auto and       12560       A-          A
         Home Insurance Co
         New York

-        Unitrin County         11055       A-          A
         Mutual Insurance Co
         Texas

-        Unitrin Direct         11762       A-          A
         Insurance Company
         Illinois

-        Unitrin Direct         12212       A-          A
         Property &
         Casualty Co
         Illinois

-        Unitrin P & C          00914       A-          A
         Insurance Grp
         Illinois

-        Unitrin Preferred      12561       A-          A
         Insurance Company
         New York

-        Unitrin Safeguard      03289       A-          A
         Insurance Company
         Wisconsin

-        Valley Insurance       01873       A-          A
         Company
         California

-        Valley Property &      11979       A-          A
         Casualty Insurance
         Co
         Oregon

Non-U.S. Life and Non-Life

+        Boiler Inspection      85707       A+        A u
         and Ins Co of Canada
         Canada: Ontario

         Fortress Insurance     84118     NR-5          F
         Company Limited
         United Kingdom

         Hang Seng Insurance    85377     NR-4         A+
         Company Limited
         Hong Kong

+        HSB Engineering        86999       A+        A u
         Insurance Limited
         United Kingdom

         Integer, U/W Members   78196     NR-5          F
         Mut Club Ltd
         United Kingdom

         Pacific Life           87677     NR-4          A
         Re Limited *
         United Kingdom

         Tariff                 84398     NR-5          F
         Reinsurances Ltd
         United Kingdom

         TSB Life Limited       87643     NR-5          F
         United Kingdom

         TSB Pensions Limited   87641     NR-5          F
         United Kingdom

Ratings Under Review

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

         Farmers Union Mutual   10553    B++ u        B++
         Insurance Co (AR)
         Arkansas

         Phenix Mutual Fire     02339     B+ u         B+
         Insurance Co
         New Hampshire

         Town and Country       04699     B+ u         B+
         Mutual Ins Co (AR)
         Arkansas

Non-U.S. Life and Non-Life

         AmerInst Insurance     58322     A- u         A-
         Group, Ltd
         Bermuda

         Assoc Elec & Gas       85055      A u          A
         Ins Services (AEGIS)
         Bermuda

* Rating was upgraded to "A" from "B-u" on April 16, 2009.
Current rating effective date April 16, 2009.

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

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 of an insurer's financial
strength and ability to meet its ongoing insurance
policy and contract obligations. The rating is
based on a comprehensive quantitative and
qualitative evaluation of a company's balance
sheet strength, operating performance and business
profile.

Financial Strength Ratings

             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

"u" Under Review
"pd" Public Data
"s" Syndicate

Not Rated Categories

Assigned to companies reported on by A.M. Best, but
not assigned a Best's Rating.

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.

Rating Disclosure

The Financial Strength Rating opinion addresses
the relative ability of an insurer to meet its
ongoing insurance obligations. The ratings are not
assigned to specific insurance policies or
contracts and do not address any other risk,
including, but not limited to, an insurer's
claims-payment policies or procedures; the ability
of the insurer to dispute or deny claims payment
on grounds of misrepresentation or fraud; or any
specific liability contractually borne by the
policy or contract holder. A Financial Strength
Rating is not a recommendation to purchase, hold
or terminate any insurance policy, contract or any
other financial obligation issued by an insurer,
nor does it address the suitability of any
particular policy or contract for a specific
purpose or purchaser. In arriving at a rating
decision, A.M. Best relies on third-party audited
financial data and/or other information provided
to it. While this information is believed to be
reliable, A.M. Best does not independently verify
the accuracy or reliability of the information.
For additional details, see A.M. Best's Terms of
Use at www.ambest.com/terms.html.

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
Actions section of BestWeek[R]. Financial Strength
Ratings are proprietary and may not be reproduced
without permission. Copyright [c] 2009 by A.M.
Best Company, Inc. Version 070208

For more information about A.M. Best Ratings visit
www.ambest.com/ratings/about.asp
COPYRIGHT 2009 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Ratings
Publication:Best's Review
Article Type:Statistical table
Geographic Code:1USA
Date:Jun 1, 2009
Words:1281
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