AM Best affirms ratings of Direct General Life

AM Best has affirmed the A (Excellent) financial strength rating of Direct General Life Insurance Company and removed it from under review with developing implications, assigning a stable outlook. The action follows Nationwide’s July 1, 2025 acquisition of Direct General from Allstate, which included a capital contribution and the transfer of Allstate’s group medical stop-loss book. The stop-loss business is expected to provide stable income for Nationwide and aligns with its broader risk profile.