A.M. Best withdraws AHSIC's FSR of "B+" and ICR of "bbb-"

A.M. Best Co. has withdrawn the financial strength rating (FSR) of B+ (Good) and issuer credit rating (ICR) of “bbb-” of American Healthcare Specialty Insurance Company (AHSIC) (Little Rock, AR), and assigned a category NR-5 (Not Formally Followed) to the FSR and an “nr” to the ICR.

On February 5, 2010, AHSIC was purchased by Kinsale Capital Group, Inc. in an all cash transaction. AHSIC was previously owned by SCPIE Indemnity Company, which is a subsidiary of The Doctors Company, An Interinsurance Exchange.

For Best’s Credit Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.

The principal methodologies used in determining these ratings, including any additional methodologies and factors that may have been considered, can be found at www.ambest.com/ratings/methodology.