Tewksbury Township, New Jersey

AM Best Withdraws Credit Ratings of Tri-State Consumer Insurance Company

Retrieved on: 
Monday, August 2, 2021
Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Stillwater, Oklahoma, Insurance, Credit rating, Geography of Oklahoma, Economy, Geography of the United States

AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Tri-State Consumer Insurance Company (Tri-State) (Jericho, NY).

Key Points: 
  • AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Tri-State Consumer Insurance Company (Tri-State) (Jericho, NY).
  • These Credit Ratings (ratings) were under review with developing implications pending Tri-States merger with Stillwater Property and Casualty Insurance Company, which is a member of the Stillwater Insurance Group (Stillwater).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Registered as a Rating Agency in Guatemala

Retrieved on: 
Monday, August 2, 2021
Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Insurance, Business organizations

AM Best currently rates several of the leading insurance companies in Guatemalas market, and has been rating insurers in the Latin American region since 1999 with an significantly increased market presence in recent years.

Key Points: 
  • AM Best currently rates several of the leading insurance companies in Guatemalas market, and has been rating insurers in the Latin American region since 1999 with an significantly increased market presence in recent years.
  • We are very proud of being the first foreign credit rating agency to be registered in Guatemala, said De la Torre.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.
  • Copyright 2021 by A.M. Best Rating Services, Inc. and/or its affiliates.

AM Best Upgrades Credit Ratings of Liberty Bankers Life Insurance Company and Its Subsidiaries

Retrieved on: 
Thursday, July 29, 2021
Insurance, Professional services, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Insurance, Credit rating

AM Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to a- (Excellent) from bbb+ (Good) of Liberty Bankers Life Insurance Company (Oklahoma City, OK), and its wholly owned life insurance subsidiaries, The Capitol Life Insurance Company (Dallas, TX) and American Benefit Life Insurance Company (Oklahoma City, OK), together known as the Liberty Bankers Group.

Key Points: 
  • AM Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to a- (Excellent) from bbb+ (Good) of Liberty Bankers Life Insurance Company (Oklahoma City, OK), and its wholly owned life insurance subsidiaries, The Capitol Life Insurance Company (Dallas, TX) and American Benefit Life Insurance Company (Oklahoma City, OK), together known as the Liberty Bankers Group.
  • Liberty Bankers Group recorded its highest earnings to date in recent periods and AM Best expects the company to maintain current operating levels.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Ocaso, S.A. Seguros y Reaseguros

Retrieved on: 
Thursday, July 29, 2021
Banking, Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Credit rating, Economy

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Ocaso, S.A. Seguros y Reaseguros (Ocaso) (Spain).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Ocaso, S.A. Seguros y Reaseguros (Ocaso) (Spain).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Upgrades Credit Ratings of Oxford Life Insurance Company and Christian Fidelity Life Insurance Company

Retrieved on: 
Thursday, July 29, 2021
Other Professional Services, Professional services, Insurance, Credit rating agencies, Finance, AM Best, Tewksbury Township, New Jersey, Credit rating, Economy

AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to a (Excellent) from a- (Excellent) of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ), and its subsidiary, Christian Fidelity Life Insurance Company (Dallas, TX), which are collectively referred to as Oxford Group.

Key Points: 
  • AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to a (Excellent) from a- (Excellent) of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ), and its subsidiary, Christian Fidelity Life Insurance Company (Dallas, TX), which are collectively referred to as Oxford Group.
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Places Credit Ratings of Nagico Holdings Limited’s Main Operating Subsidiaries Under Review With Positive Implications

Retrieved on: 
Tuesday, July 27, 2021
Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey

AM Best has placed under review with positive implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of the two operating subsidiaries of Nagico Holdings Limited National General Insurance Corporation (NAGICO) N.V. (St. Maarten) and Nagico Insurance Company Limited (Anguilla) (collectively referred to as Nagico).

Key Points: 
  • AM Best has placed under review with positive implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of the two operating subsidiaries of Nagico Holdings Limited National General Insurance Corporation (NAGICO) N.V. (St. Maarten) and Nagico Insurance Company Limited (Anguilla) (collectively referred to as Nagico).
  • The positive implications status reflects AM Bests expectation that Nagico will benefit from the financial strength of Peak Re as it integrates into the group.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

WellPet Welcomes Erica Hageman as General Counsel to Spearhead Continued Growth in Premium Pet Nutrition

Retrieved on: 
Monday, July 26, 2021
Berwind Corporation, WellPet, Pet food, Wellness, Premium, Insurance

TEWKSBURY, Mass., July 26, 2021 /PRNewswire/ -- WellPet, LLC, the largest North America based independent branded premium natural pet food company, announced today that Erica Hageman has been appointed to the role of General Counsel.

Key Points: 
  • TEWKSBURY, Mass., July 26, 2021 /PRNewswire/ -- WellPet, LLC, the largest North America based independent branded premium natural pet food company, announced today that Erica Hageman has been appointed to the role of General Counsel.
  • Hageman joins WellPet after serving most recently as General Counsel at Interstate Hotels & Resorts, Inc. in Arlington, Virginia.
  • "I'm excited for this new opportunity to advance WellPet's goals to grow as a leader in the premium pet food category.
  • WellPet, the largest North America based independent branded premium natural pet food company is home to premium pet food brands Wellness, WHIMZEES, Old Mother Hubbard, Eagle Pack, Holistic Select, and Sojos.

AM Best Affirms Credit Ratings of SIAT-Società Italiana Assicurazioni e Riassicurazioni p.A.

Retrieved on: 
Friday, July 23, 2021
Other Professional Services, Professional services, Insurance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Credit rating, Economy

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of SIAT-Societ Italiana Assicurazioni e Riassicurazioni p.A.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of SIAT-Societ Italiana Assicurazioni e Riassicurazioni p.A.
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of UnipolSai Assicurazioni S.p.A.

Retrieved on: 
Friday, July 23, 2021
Banking, Professional services, Insurance, Finance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Credit rating, UnipolSai

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of UnipolSai Assicurazioni S.p.A. (UnipolSai) (Italy).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of UnipolSai Assicurazioni S.p.A. (UnipolSai) (Italy).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Electric Insurance Company

Retrieved on: 
Thursday, July 22, 2021
Insurance, Professional services, Credit rating agencies, Finance, AM Best, Tewksbury Township, New Jersey, Credit rating, Insurance, Economy

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Electric Insurance Company (EIC) (Beverly, MA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Electric Insurance Company (EIC) (Beverly, MA).
  • The ratings also take into consideration the value-added commercial insurance services provided to General Electric Company (GE) and EICs strategic importance to GE.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .