What is the AM Best rating for openly?

Asked by: Fidel Pagac I  |  Last update: January 29, 2025
Score: 4.3/5 (55 votes)

Strong financial backing Our carrier partners maintain A and A- (Excellent) AM Best ratings, affirming their financial strength and stability to pay claims. You can feel confident in the security and dependability of your Openly home insurance policy.

Does Openly have an AM best rating?

Who is backing Openly's ability to pay claims? Insurance coverages are provided by Clear Blue Insurance Group, rated A- (Excellent) by AM Best.

What is the AM best rating?

A rating by A.M. Best is based on a comprehensive evaluation of an insurance company's financial strength, operating performance and business profile. A.M. Best also regularly publishes Impairment Studies, which evaluate rating performance over time.

What is the am best rating for mlmic?

AM Best, a global credit agency specializing in the insurance industry, affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of MLMIC Insurance Company.

What is the am best rating for branch insurance exchange?

While it may be new to the game, Branch earned an A+ rating from AM Best. Neither company operates in all 50 states.

What is an A.M. Best rating?

23 related questions found

What is Berkshire Hathaway AM rating?

BHHC Insurers Secures A++ (Superior) Rating from AM Best: A Mark of Stability and Excellence.

What is Hagerty's AM Best rating?

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Hagerty Reinsurance Limited (Hagerty Re) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable.

What does XV mean in AM Best rating?

Rated “A” (Excellent) by AM Best for financial strength and “A+” (Excellent) for long-term issuer credit for a company with a financial size category of XV ($2 billion or greater).

Who is the most trusted insurance company?

Best car insurance companies
  • Best for customer satisfaction: Erie Insurance.
  • Best for seniors: Nationwide.
  • Best for liability insurance: Auto-Owners.
  • Best for claims filing : State Farm.
  • Best for bundling: American Family.
  • Best for accident forgiveness: Progressive.
  • Best for military members and veterans: USAA.

What is the minimum rating for A.M. Best?

AM Best uses both qualitative and quantitative measures to assess an insurance company's ability to pay claims and meet its financial obligations. AM Best's financial strength ratings range from the highest A++ to B+, to 10 vulnerable ratings, ranging from B to S, with the lowest indicating a rating was suspended.

Who are the competitors of A.M. Best?

A. M. Best competitors include Standard & Poor's, Moody's Corporation and Fitch Group.

Who is Openly underwritten by?

Underwriting Company Information

Rock Ridge Insurance Company (NAIC # 11089), an AM Best A- (Excellent) rated, admitted insurance carrier.

What are the levels of AM Best ratings?

What is the A.M. Best rating scale?
  • Superior: Rating: A+, Notches: A++
  • Excellent: Rating: A, Notches: A-
  • Good: Rating: B+, Notches: B++
  • Fair: Rating: B, Notches: B-
  • Marginal: Rating: C+, Notches: C++
  • Weak: Rating: C, Notches: C-
  • Poor: Rating: D.

What is the AM Best rating for lemonade?

While Lemonade does not have a financial strength rating from credit agency AM Best, it received a financial stability rating of A (Exceptional) from financial analysis firm Demotech.

What is Mercury's A.M. Best rating?

AM Best Affirms Credit Ratings of Mercury General Corporation and Its Subsidiaries. //BestWire// - AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) for the members of Mercury Casualty Group (Mercury).

What is the A.M. Best rating for Main Street America?

Main Street America Insurance carries an "A" (Excellent) Financial Strength Rating, with a Stable Outlook, and "a+" Issuer Credit Rating from A.M. Best, the insurance industry's premier rating organization.

What is Arrowhead A.M. Best rating?

Arrowhead does not underwrite policies itself, so it does not have an AM Best score.

What is the rating of Berkshire Hathaway?

Related Credit News and Research

We affirmed our 'AA' rating on Berkshire Hathaway Inc. (BRK) while we simultaneously revised several of our scoring assessments on the company.

Should I buy Berkshire Hathaway Class A or B shares?

Class A shares offer a long-term investment but little chance of a stock split down the line. Investors looking for flexibility might prefer to invest in Berkshire's Class B shares.

What is A.M. Best rating for progressive?

Yes, Progressive is an "A+" rated insurance company, according to financial analysis by AM Best.

What is USAA A.M. Best rating?

Financial ratings

‍ ‍ 3 USAA Life Insurance Company's ratings are: A.M. Best: A++ (Superior, highest of 16 possible ratings). Moody's Investors Service: Aa1 (Excellent, second highest rating of 21 possible ratings).