A.M. Best Withdraws Credit Ratings of Housing and Redevelopment Insurance Exchange

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of the Housing and Redevelopment Insurance Exchange (HARIE) (Scranton, PA). The... Read more »

A.M. Best Upgrades Credit Ratings of Hawaii Dental Service

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-“ of Hawaii Dental Service (HDS) (Honolulu,... Read more »

A.M. Best Revises Outlooks to Negative for Nomad Insurance Company JSC

LONDON--(BUSINESS WIRE)--A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-”for Nomad Insurance Company JSC... Read more »

A.M. Best Assigns Credit Ratings to MedMal Direct Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Financial Strength Rating (FSR) of B++ (Good) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” to MedMal Direct Insurance Company (MedMal Direct) (Jacksonville,... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to Verus Securitization Trust 2017-1 (VERUS 2017-1)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of mortgage pass-through certificates from Invictus Capital Partners, LP’s (Invictus) inaugural non-prime RMBS securitization, Verus Securitization Trust 2017-1 (VERUS... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to Notes Issued by First Investors Auto Owner Trust 2017-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by First Investors Auto Owner Trust 2017-1 (“FIAOT 2017-1”), an auto loan ABS transaction. FIAOT 2017-1... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to TGIF Funding, LLC – Series 2017-1 Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to two note classes of TGIF Funding, LLC, a whole business securitization. TGI Friday’s, Inc. (“TGIF”, or “the Company”) will contribute... Read more »

A.M. Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Ratings (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the life/health subsidiaries of CNO Financial Group,... Read more »

Kroll Bond Rating Agency Releases Fourth Quarter 2016 Bank Compendium

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) released a compendium on the U.S. public banks with KBRA long-term ratings. Based on fourth quarter earnings reports, performance trends for the public institutions in... Read more »

A.M. Best Comments on Credit Ratings of Validus Reinsurance, Ltd. Following Agreement to Acquire Crop Risk Services

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has commented that the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Validus Reinsurance, Ltd. (Validus Re) (headquartered... Read more »