A.M. Best Upgrades Credit Ratings of Wayne Mutual Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Wayne Mutual Insurance Company (Wayne)... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to CD 2017-CD3

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of the CD 2017-CD3 transaction (see ratings list below). CD 2016-CD3 is a... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to SolarCity FTE Series 2, LLC, Series 2017-A

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes from SolarCity FTE Series 2, LLC, Series 2017-A, a residential distributed generation solar securitization. This transaction is... Read more »

A.M. Best Withdraws Credit Ratings of Unity Reinsurance Company, Ltd.

LONDON--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bbb-” of Unity Reinsurance Company,... Read more »

A.M. Best Affirms Credit Ratings of the Members of Farmers Insurance Group

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the ratings the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of the members of Farmers Insurance... Read more »

A.M. Best Assigns Issue Credit Rating to Guardian Life Insurance Company of America’s Surplus Notes

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating of “aa-” to the $350 million 4.850% 60-year surplus notes recently issued by Guardian Life Insurance Company of America (Guardian) (New... Read more »

A.M. Best Removes From Under Review and Upgrades Credit Ratings of Maxum Indemnity Company and Maxum Casualty Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ (Superior) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “aa-”... Read more »

A.M. Best Affirms Credit Ratings of ACMAT Corporation and ACSTAR Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of ACMAT Corporation (ACMAT) (Farmington, CT) [Pink Sheets: ACMTA]. A.M. Best also has affirmed the Financial Strength... Read more »

A.M. Best Assigns Issue Credit Rating to Aflac Incorporated’s Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating of “a-” to Aflac Incorporated’s (Aflac) (Columbus, GA) (NYSE:AFL) recently priced yen-denominated 10-year, 0.932% senior unsecured notes totaling JPY 60 billion... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to Fannie Mae’s Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 47 classes from Fannie Mae’s Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), a credit risk sharing transaction with a total note... Read more »