AM Best Upgrades Outlook for Auto Club Insurance Association to Stable

On May 1, 2026, AM Best announced an improvement in the outlook from negative to stable for the Auto Club Insurance Association and its subsidiaries, maintaining their Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a" (Excellent). These entities, collectively known as the Auto Club Group (ACG) and headquartered in Dearborn, Michigan, reflect bolstered underwriting profitability through strategic underwriting and rating actions. Additionally, AM Best affirmed the FSR of A- (Excellent) and Long-Term ICRs of "a-" (Excellent) for the Auto Club Insurance Company of Florida and Auto Club South Insurance Company, part of the Auto Club Florida Group in Tampa, Florida.

The evaluation considers ACG's very strong balance sheet, adequate operational performance, and neutral business profile, supported by effective enterprise risk management (ERM). Its associations with regional AAA clubs allow a focus on personal lines coverage. For Auto Club Florida, the ratings reflect a strong balance sheet and operations, a limited business scope, and robust ERM, with financial backing from its ownership group, catering to Florida policyholders with private passenger auto and homeowners insurance.

This update involves credit ratings available on AM Best's website, with complete details on disclosures and issuance office information found on AM Best’s Recent Rating Activity page. AM Best, a globally recognized insurance-focused rating agency, operates in over 100 countries and has offices in key locations such as London, Amsterdam, and Singapore. Users can access further details, including Best's Credit Reports and news articles, through additional purchases which may apply.