The rating action follows The Hartford's announcement of $2.2 billion in expected third-quarter net realized investment losses, as well as a $915 million write-down of deferred acquisition costs and T
Rating agencies A.M. Best Co. and Standard & Poor's have revised their outlook on The Hartford Financial Services Group after the company received a $2.5 billion cash infusion from competitor Allianz
The issuer credit rating of Safeco was lowered to "bbb" from "bbb-plus," and the ICR of Safeco Insurance Companies and its members were lowered to "a" from "a-plus." The outlook for all ratings is sta
A.M. Best Co. has upgraded the financial strength ratings (FSR) and issuer credit ratings (ICR) of several operating companies of Bermuda-based Hiscox Ltd due to the "excellent consolidated risk-adjus
A.M. Best Co. has downgraded the financial strength rating (FSR) and issuer credit rating (ICR) of Lehman Re Limited for the second time in a week, due to the status of its parent company, Lehman Brot
A.M. Best Co. said it has downgraded the financial strength rating and issuer credit rating of Bermuda-based Lehman Re Limited, a wholly owned reinsurance subsidiary of financially embattled Lehman Br
A.M. Best Co. said it will downgrade the financial strength rating and the issuer credit rating of Oklahoma City-based American Farmers & Ranchers Mutual Insurance Company. The rating agency cited con
A.M. Best Co. has placed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of Bermuda-based Catlin Insurance Company Limited under review with negative implica
Omega Insurance Company of Gainesville and various entities within Allstate received revised financial strength ratings (FSRs) following reviews by A.M. Best. Omega had its FSR of A- (Excellent)