Press Releases

MIEC Receives AM Best A- Excellent Rating For 20th Consecutive Year

MIEC Receives AM Best A- Excellent Rating For 20th Consecutive Year Financial Size Category: VII (USD 100 Million to Less than 250 Million)   Oakland, CA (July 18, 2024) – AM Best, a global credit rating service has affirmed MIEC’s financial strength rating of A- Excellent, in the Financial Size Category of VII, with a stable outlook for the 20th consecutive year.  AM Best’s independent rating includes comparisons to industry peers and standards, as well as examinations of business plans, operational philosophy, and management.  Their rating summarizes an insurance company’s ability to pay claims, debts, and other financial obligations in...

Read More » Filed under:

MIEC Receives AM Best A- Excellent Rating for 18th Consecutive Year

MIEC Receives AM Best A- Excellent Rating for 18th Consecutive Year Oakland, CA (July 28, 2022) — AM Best, a global credit rating service has affirmed MIEC's financial strength rating of A- Excellent and a stable outlook for the 18th consecutive year. AM Best’s independent rating includes comparisons to industry peers and standards, as well as examinations of business plans, operational philosophy, and management. Their rating summarizes an insurance company’s ability to pay claims, debts, and other financial obligations in a timely manner. The A- Excellent rating reflects AM Best’s assessment of MIEC’s balance sheet, operating performance, and outlook. MIEC’s...

Read More » Filed under: ,