Home » Tag Archives: Builders and Contractors Associations of Mississippi Self Insurer’s Trust

Tag Archives: Builders and Contractors Associations of Mississippi Self Insurer’s Trust

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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BCAM purchases AmFed group

Special to the MBJ An Investor group led by the Builders and Contractors Associations of Mississippi Self-Insurers Trust has purchased Ridgeland-based AmFed Companies from Companion Property & Casualty Insurance Co. of Columbia, S.C. This purchase includes two Mississippi insurance companies. BCAM Board Chairman Donnie Massey indicated that AmFed has served as the Third Party Administrator to BCAM for the past ...

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