A.M. Best Takes Various Rating Actions on Cambia Health Solutions, Inc. Affiliates
OREANDA-NEWS. A.M. Best has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit ratings (ICR) to “a” from “a-” of Regence BlueCross BlueShield of Oregon (Regence BCBSO) (Portland, OR) and Regence BlueCross Blue Shield of Utah (Regence BCBSUT) (Salt Lake City, UT). The outlook for each rating has been revised to negative from stable. In addition, A.M. Best has assigned an FSR of A (Excellent) and an ICR of “a” to Commencement Bay Life Insurance Company (CBL) (Seattle, WA). The outlook assigned to each rating is negative. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of Regence Blue Shield (RBS) and Asuris Northwest Health (both domiciled in Seattle, WA). The outlook for each of these ratings is negative. At the same time, A.M. Best has revised the outlooks to negative from stable and affirmed the FSR of A- (Excellent) and the ICR of “a-” of LifeMap Assurance Company (LifeMap) (Portland, OR). All companies are affiliated through Cambia Health Solutions, Inc. (CHS), a non-profit, non-insurer holding company.