AM Best Revokes Credit Ratings for Members of Oregon Mutual Group
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2025
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Source: Yahoo Finance
Rating Downgrade: AM Best has downgraded the Financial Strength Rating of Oregon Mutual Insurance Company and Western Protectors Insurance Company to C++ (Marginal) and the Long-Term Issuer Credit Ratings to "b+" (Marginal), with a stable outlook for the FSR and a negative outlook for the Long-Term ICRs.
Financial Performance Issues: The downgrade reflects a weak balance sheet and marginal operating performance, attributed to a significant surplus decline due to adverse loss reserve developments and volatile underwriting results, particularly in California's challenging regulatory environment.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





