Best, Alfred M. and Company

A.M. Best and Company

A company known for its ratings of the credit quality of insurance companies. A rating issued by A.M. Best and Company measures an insurance company's ability to pay claims that might be made. The ratings can be between A and F, with A being the highest rating. Best's ratings have historically been issued for insurance companies exclusively, but, more recently, they have been applied to a few small banks.

Best, Alfred M. and Company

A firm that is widely recognized for its ratings of insurers. The highest Best rating for insurers is A++, and some financial advisers suggest that individuals limit selections to companies rated A++ and A+. Other insurance-rating companies include Duff & Phelps, Moody's, Standard & Poor's, and Weiss.