OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of Forestry Mutual Insurance Company (FMIC)... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the members of Hallmark Insurance Group (Hallmark... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of Repwest Insurance Company (Repwest) (Phoenix,... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of CGDBB 2017-BIOC (see ratings list below). CGDBB 2017-BIOC is a CMBS single... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to six classes of RCMF 2017-FL1, a $243.8 million CRE CLO transaction with limited reinvestment ability.... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Prosper Marketplace Lending Issuance Trust 2017-2 (“PMIT 2017-2”). This is a $501.06 million consumer loan... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has commented on the acquisition of USAmeriBancorp, Inc. by Valley National Bancorp. We make the following key points: USAmeriBancorp, Inc. and Valley National Bancorp (NYSE:VLY)... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Markel Corporation (Markel) [NASDAQ:MKL] (Glen Allen, VA) is unchanged following the announcement today of the... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has released a new structured finance research report, “Food for Thought: Opportunities in Whole Business Securitization.” The report makes the following key points: Risks to... Read more »