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Tag Archives: A.M. Best

LUBA Workers’ Comp receives “A- Excellent” A.M. Best rating for 14 consecutive years

A.M. Best has affirmed the “A- Excellent” rating for the financial strength of LUBA Workers’ Comp, a regional casualty insurance company. The company has been rated “A- Excellent” since LUBA’s first rating in 2003. Founded in 1889, A.M. Best is the world’s oldest insurance rating and information service. LUBA’s “A- Excellent” rating reflects its “disciplined underwriting and focus on risk ...

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A.M. Best gives AmFed a 'B++'; outlook is stable

RIDGELAND — A.M. Best has assigned a financial strength rating of B++ (Good) and the issuer credit ratings of “bbb+” to AmFed National Insurance Company and its 100% reinsured subsidiary, AmFed Casualty Insurance Company, collectively referred to as AmFed Insurance Group. The outlook assigned to these ratings is stable. A.M. Best wrote: “The ratings and outlook reflect AmFed’s sound business ...

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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 Company. Both companies are headquartered ...

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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 risk-adjusted capitalization, its history of ...

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