I have long been a fan of TheStreet.com Ratings - the rating service formerly known as Weiss.
I see them as the tough grader in the world of insurance company ratings.
AM Best is the easy grader. An incredible percentage of insurers have a Best rating of A- or better. That fact has always caused me to scratch my head. In everything else in the world groups populate a bell-curve. Not insurance companies (according to Best), most of them are Excellent or Superior.
The Street.com Ratings is a bit different. I count 167 out of 4300 insurers with a rating of A- or better - that's 4%.
Sure, I still use AM Best Ratings. Frankly, they are the brand everyone knows.
However, I always check the TheStreet.com Rating - http://www.thestreet.com/insurers/.
I see them as the tough grader in the world of insurance company ratings.
AM Best is the easy grader. An incredible percentage of insurers have a Best rating of A- or better. That fact has always caused me to scratch my head. In everything else in the world groups populate a bell-curve. Not insurance companies (according to Best), most of them are Excellent or Superior.
The Street.com Ratings is a bit different. I count 167 out of 4300 insurers with a rating of A- or better - that's 4%.
Sure, I still use AM Best Ratings. Frankly, they are the brand everyone knows.
However, I always check the TheStreet.com Rating - http://www.thestreet.com/insurers/.
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