{"id":63535,"date":"2026-05-11T14:58:11","date_gmt":"2026-05-11T14:58:11","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/63535\/"},"modified":"2026-05-11T14:58:11","modified_gmt":"2026-05-11T14:58:11","slug":"am-best-comments-on-credit-ratings-of-alps-property-casualty-insurance-company-following-merger-announcement-with-ohio-bar-liability-insurance-company","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/63535\/","title":{"rendered":"AM Best Comments on Credit Ratings of ALPS Property & Casualty Insurance Company Following Merger Announcement With Ohio Bar Liability Insurance Company"},"content":{"rendered":"

\"\" <\/p>\n

OLDWICK, N.J., May 11, 2026–(BUSINESS WIRE<\/a>)–AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of ALPS Property & Casualty Insurance Company (ALPS) (Missoula, MT) remain unchanged following the May 6, 2026, announcement that ALPS has entered into a definitive agreement to acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance for attorneys in Ohio.<\/p>\n

ALPS specializes in providing professional liability coverage for attorneys and smaller-sized law firms with broad geographic diversifications. AM Best has determined that ALPS\u2019 credit profile will likely not change after the acquisition, given OBLIC\u2019s much smaller premium writings, a similar customer base and an overall similar credit profile. The deal is expected to close following regulatory approvals.<\/p>\n

This press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s Recent Rating Activity<\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings<\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best\u2019s Ratings & Assessments<\/a>.<\/p>\n

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com<\/a>.<\/p>\n

Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/p>\n

View source version on businesswire.com: https:\/\/www.businesswire.com\/news\/home\/20260511567952\/en\/<\/a><\/p>\n

Contacts<\/p>\n

Jieqiu Fan
Associate Director
+1 908 882 1762
jiequi.fan@ambest.com <\/a><\/p>\n

Vicky Riggs
Associate Director
+1 908 882 2273
vicky.riggs@ambest.com <\/a><\/p>\n

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com <\/a><\/p>\n

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"OLDWICK, N.J., May 11, 2026–(BUSINESS WIRE)–AM Best has commented that the Financial Strength Rating of A (Excellent) and…\n","protected":false},"author":2,"featured_media":63536,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[50,19098,34757,34220,34756],"class_list":{"0":"post-63535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-alps","8":"tag-alps","9":"tag-credit-rating","10":"tag-liability-insurance","11":"tag-oblic","12":"tag-professional-liability-coverage"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116556536554651416","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/63535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=63535"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/63535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/63536"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=63535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=63535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=63535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}