Posts Tagged ‘rating’

Fitch downgrades Baptist’s bond rating

JACKSON — Fitch Ratings has downgraded approximately $97.1 million Mississippi Hospital Equipment and Facilities Authority revenue bonds, series 2007A, issued on behalf of Mississippi Baptist Health System (MBHS) to from “BBB+” to “BBB”. The rating outlook is “stable”. Fitch wrote: The rating downgrade reflects MBHS’s profitability deterioration in fiscal year (FY) 2013 and through the […] [...]

A.M. Best upgrades Southern Farm Bureau’s ratings

RIDGELAND — A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A+ (Superior) and the issuer credit ratings of “aa-” for the members of Southern Farm Bureau Casualty Group (SFB), namely, Southern Farm Bureau Casualty Insurance Company and its wholly owned subsidiary, Louisiana Farm Bureau Casualty Insurance […] [...]

Medical Assurance’s ratings upgraded by A.M. Best

RIDGELAND — A.M. Best has upgraded the financial strength rating to “A (Excellent)” from “A- (Excellent)” and issuer credit rating to “a” from “a-” of Medical Assurance Company of Mississippi (MACM). The outlook for both ratings has been revised to “stable” from “positive.” A.M. Best wrote: “The ratings of MACM are reflective of its strong […] [...]

Board to retool school rating system again after superintendents balk?

JACKSON — After resistance from district superintendents, the Mississippi Board of Education is likely to again rework its rating system for high schools and districts. Just last month, at the demand of federal officials, the board gave heavier weight to high school graduation rates, making it count for 20 percent of high school and district […] [...]

Education officials changing school rating system

JACKSON — Mississippi is reworking its rating system for school districts and high schools after federal officials demanded the ratings put more weight on high school graduation. The state Board of Education voted to seek public comment on the revised rules, which would apply beginning with this year’s ratings. Those ratings will be released this […] [...]

State’s public schools get report card; 20 get an ‘F’

ACROSS MISSISSIPPI — Here’s how the 151 Mississippi public school districts in 2013 were rated under the state’s A-to-F grading system for their 2013 performance, along with how they were rated in 2012. Not rated in 2012 were the Clarksdale, Corinth and Gulfport districts, which used non-standard curricula as part of a state-sponsored effort. Sunflower […] [...]

A.M. Best upgrades insurance agencies rating, outlook

by Published: March 11,2013

Tags: agriculture, farm, farmer, farming, insurance, ranch, rancher, rating

JACKSON — A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of Mississippi Farm Bureau Casualty Insurance Company. The outlook for both ratings has been revised to stable from positive. A.M. Best wrote: “Mississippi Farm Bureau’s ratings reflect its solid risk-adjusted […] [...]

BauerFinancial gives Hancock Bank five stars — again

by Published: January 3,2013

Tags: bank, banker, banking, finance, financial institution, rank, ranking, rate, rating

GULFPORT — Hancock Bank has received a “Superior 5-Star” rating from BauerFinancial Inc. for the quarter ending Sept. 30. Hancock Bank has now earned a recommended rating from Bauer (5-Stars or 4-Stars) for the past 93 consecutive quarters — more than 23 years. “Consumers and businesses alike have come to depend on Bauer’s rating system […] [...]

Better flood rating drops residents’ insurance premiums

PICAYUNE — An improved flood prone rating means Pearl River County residents will see a 10 percent reduction in monthly insurance premiums. The Picayune Item reports county planner Ed Pinero Jr. says the county has moved from an insurance rating of 10 to 8. The lower the rating, the lower the premiums. Pinero says the […] [...]

Fitch gives hospital bonds ‘negative’ outlook

by Published: October 12,2012

Tags: bond, clinic, credit, debt, health, health care, hospital, medical, medicine, outlook, rate, rating

HATTIESBURG — Fitch Ratings has affirmed its “A” rating on the following bonds issued on behalf of Forrest County General Hospital (Forest Health) (MS): — $70,000,000 Mississippi Hospital Equipment and Facilities Authority revenue bonds, series 2010; — $43,265,000 Mississippi Hospital Equipment and Facilities Authority, series 2009. The Rating Outlook is revised to “negative” from “stable.” […] [...]

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