AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb-” and the indicative Long-Term Issue Credit Ratings of Employers Holdings,.
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AM Best Comments on the Credit Ratings of GuideOne Insurance Companies’ Members Following Reorganization Announcement
April 1, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Apr 1, 2021
AM 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 GuideOne Mutual Insurance Company (West Des Moines, IA) and its wholly owned subsidiaries, collectively referred to as GuideOne Insurance Companies (GuideOne), are unchanged by the announced reorganization of its corporate structure to a mutual holding company, effective April 1, 2021. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings).
Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Revises Outlooks to Stable for Employers Holdings, Inc. and Its Subsidiaries
December 15, 2020 GMT
OLDWICK, N.J. (BUSINESS WIRE) Dec 15, 2020
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group (Employers). (See below for a detailed list of companies.) Concurrently, AM Best has revised the outlooks to stable from positive and affirmed the Long-Term ICR of “bbb-” and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE:EIG], the publicly traded ultimate parent of Employers. All companies are headquartered in Reno, NV.