{"id":25542,"date":"2026-11-06T17:22:15","date_gmt":"2026-11-06T17:22:15","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=891867"},"modified":"2026-11-06T17:22:15","modified_gmt":"2026-11-06T17:22:15","slug":"am-best-upgrades-credit-ratings-of-illinois-casualty-and-lebanon-valley","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2026\/11\/06\/am-best-upgrades-credit-ratings-of-illinois-casualty-and-lebanon-valley\/","title":{"rendered":"AM Best Upgrades Credit Ratings of Illinois Casualty and Lebanon Valley"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/img\/social\/opengraph\/ij-social-default-1200x630.png\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/midwest\/2026\/11\/06\/891867.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/midwest\/2026\/11\/06\/891867.htm?comments\" rel=\"nofollow\">0 Comments<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<p>AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to \u201ca\u201d (Excellent) from \u201ca-\u201d (Excellent) of Illinois Casualty Company (ICC) and Lebanon Valley Insurance Company (LV).<\/p>\n<p>The outlook of the Credit Ratings (ratings) has been revised to stable from positive.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-topics=\"casualty\" data-revive-companies=\"ambest\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>ICC and LV are domiciled in Rock Island, Illinois. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of \u201ca\u201d (Excellent) of Tuscarora Wayne Insurance Company (TW) and its affiliate, Keystone National Insurance Company. The outlook of these ratings is stable.<\/p>\n<p>TW and Keystone National Insurance Company are domiciled in Wyalusing, Pennsylvania. The aforementioned companies are collectively referred to as Mutual Capital Insurance Group or the group.<\/p>\n<p>The ratings reflect Mutual Capital Insurance Group\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).<\/p>\n<p>The rating upgrades of ICC and LV follow the recent regulatory approval of the intercompany pooling agreement between TW, LV and ICC, effective July 1, 2026. The rating upgrades are based on AM Best\u2019s expectation that the business profiles of ICC and LV will be enhanced as pooled members of the group.<\/p>\n<p class=\"tagtag\"> <span class=\"tagtag\">Topics<\/span> <a href=\"https:\/\/www.insurancejournal.com\/company\/ambest\/\" class=\"btn btn-sm btn-primary tagtag\">AM Best<\/a> <a href=\"https:\/\/www.insurancejournal.com\/location\/illinois\/\" class=\"btn btn-sm btn-primary tagtag\">Illinois<\/a> <a href=\"https:\/\/www.insurancejournal.com\/casualty\/\" class=\"btn btn-sm btn-primary tagtag\">Casualty<\/a> <\/p>\n<\/p><\/div>\n<div class=\"article-poll\" data-post=\"891867\">\n<div class=\"article-poll-vote\">\n<p>Was this article valuable?<\/p>\n<\/p><\/div>\n<div class=\"article-poll-feedback voted-no\">\n<form class=\"feedback-form\">\n<p>Thank you! 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Please tell us what you liked about it.<\/p>\n<p> <textarea placeholder=\"Enter your feedback...\"><\/textarea> <button type=\"submit\" class=\"submit\" disabled>Submit<\/button> <button class=\"cancel\">No Thanks<\/button> <\/form>\n<\/p><\/div>\n<div class=\"article-poll-more-articles\">\n<p class=\"thank-you-text\">Here are more articles you may enjoy.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"subscribe-banner subscribe-banner-in-content-2\">\n<div class=\"content\">\n<h4>Interested in <em>Casualty<\/em>?<\/h4>\n<p>Get automatic alerts for this topic.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Article 0 Comments AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to \u201ca\u201d (Excellent) from \u201ca-\u201d (Excellent) of Illinois&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":25543,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[13,1],"class_list":["post-25542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-midwest-news","tag-news"],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2026\/11\/am-best-upgrades-credit-ratings-of-illinois-casualty-and-lebanon-valley.png","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/25542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=25542"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/25542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/25543"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=25542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=25542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=25542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}