{"id":26683,"date":"2026-06-26T00:19:00","date_gmt":"2026-06-25T22:19:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=af2d137103f90eeca7f960f91cb52568"},"modified":"2026-06-26T00:19:00","modified_gmt":"2026-06-25T22:19:00","slug":"am-best-withdraws-credit-ratings-of-the-group-insurance-trust-of-the-california-society-of-certified-public-accountants","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=26683","title":{"rendered":"AM Best Withdraws Credit Ratings of The Group Insurance Trust of the California Society of Certified Public Accountants"},"content":{"rendered":"

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb-\u201d (Good) of The Group Insurance Trust of the California Society of Certified Public Accountants (CalCPA Health) (San Mateo, CA). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best\u2019s interactive rating process.<\/p><\/a><\/a>

The ratings reflect CalCPA Health\u2019s balance sheet strength, which AM Best assesses as very strong as well as its marginal operating performance, very limited business profile and appropriate enterprise risk management (ERM).<\/p>

CalCPA Health\u2019s balance sheet strength metrics weakened due to a material deterioration in its equity position resulting from operating losses through the end of 2025. CalCPA Health has taken steps to mitigate the unfavorable operating results trends through strategic rate initiatives for 2026, and operating results have shown improvement through the first quarter of 2026 with a reported positive operating gain.<\/p>

The stable outlooks reflect AM Best\u2019s expectation that CalCPA Health will continue to maintain its very strong balance sheet strength supported by risk-adjusted capitalization at the very strong level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR).<\/p>

CalCPA Health\u2019s business profile remains very limited due to its strategy of marketing to a specific professional organization. The company sells to firms that are members of the California Society of Certified Public Accountants, which creates geographic and business concentration risks. CalCPA Health provides core employee benefit services, including medical, dental, vision care and pharmacy. AM Best assesses CalCPA Health\u2019s ERM as appropriate, supported by a comprehensive risk management framework.<\/p>

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 <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best's Credit Ratings<\/b><\/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 <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

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 <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

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

Jaime Quito<\/b>Financial Analyst<\/b>+1 908 882 2460<\/b>jaime.quito@ambest.com<\/a><\/p>

Bridget Maehr<\/b>Director<\/b>+1 908 882 2080<\/b>bridget.maehr@ambest.com<\/a><\/p>

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

Al Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb-\u201d (Good) of The Group Insurance Trust of the California Society of Certified Public Accountants (…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26683","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26683"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26683\/revisions"}],"predecessor-version":[{"id":26684,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26683\/revisions\/26684"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}