Latest A.M. Best Co. Stories
LANSING, Mich., Jan. 19, 2015 /PRNewswire/ -- A.M.
LANSING, Mich., Jan. 20, 2014 /PRNewswire/ -- A.M.
A.M. Best Co.
OLDWICK, N.J., June 9, 2011 /PRNewswire/ -- A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aa+" of Auto-Owners Insurance Group (AOIG) and its members.
LANSING, Mich., May 26 /PRNewswire/ -- Lansing based Auto-Owners Insurance Company celebrates another A++ Superior rating by nationally recognized credit rating agency A.M. Best this past week. Auto-Owners has earned A.M. Best's highest rating every year since 1972. "The A.M.
A.M. Best Co. has downgraded the financial strength ratings (FSR) to B+ (Good) from B++ (Good) and issuer credit ratings (ICR) to "bbb-" from "bbb+" of Health Net of California, Inc. and Health Net Life Insurance Company. Concurrently, A.M.
The severe dislocation in the capital markets, fueled most recently by the bankruptcy filing of Lehman Brothers Holdings Inc. and liquidity concerns at high-profile financial institutions, such as American International Group, Inc. (New York, NY), has prompted A.M. Best Co.
The potential size of the worksite market for life/health insurers is projected to be $28 billion, but current market penetration is estimated at less than one-third.
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of 30 health maintenance organizations (HMO), downgraded nine FSRs and ICRs, upgraded eight FSRs and ICRs, assigned two FSRs and ICRs and withdrew one FSR and ICR.
A.M. Best Co. expects that health insurers will take measures to counteract the impact of the passage of bill H.R. 6331, which would impact plans participating in Medicare Advantage (MA). Bill H.R.
- The act of burning, scorching, or heating to dryness; the state or being thus heated or dried.
- In medicine, cauterization.