Best Read AM Best Headlines

Headlines from our AM Best Topic Page with the most time spent reading.

#1 AM Best: Commercial Auto Liability Drags Down Segment and it Could Get Worse

Sep 22 2025 // Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting...

#2 Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best

Aug 8 2025 // Last year’s sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance industry in aggregate—and homeowners insurers are sticking to rate increases to keep...

#3 Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best

Aug 18 2025 // Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM Best. Swiss Re...

#4 Lengthy Government Shutdown to Impact Insurers, Says AM Best

Sep 30 2025 // Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM...

#5 AM Best Affirms A+ Financial Strength Rating for Allstate Group Members

Aug 29 2025 // Insurance industry rating agency AM Best on Thursday affirmed the financial strength rating of A+ (Superior) for the Allstate Insurance Group. The Oldwick, N.J.-based firm noted Allstate’s “favorable market...

#6 AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B

Sep 11 2025 // An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first...

#7 AM Best Report Cites MGA’s Role in Insurer Insolvencies

Dec 18 2024 // This story has been edited for clarity. In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued litigation and roof claims were not...

#8 AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group

Aug 22 2025 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern...

#9 AM Best Revises Outlook to Negative for Texas’ Southern Vanguard

Jul 18 2025 // AM Best announced it has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Vanguard...

#10 AM Best Reviews Westminster American Following Return of Previous Owner

Apr 2 2025 // AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Westminster American...

#11 AM Best Affirms Performance Assessment of MGA First Indemnity

Oct 1 2025 // AM Best has affirmed its Performance Assessment of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. of Boston. AM Best said the outlook of the assessment is stable. The ratings firm said its PA-3 assessment of the...

#12 AM Best Downgrades Vermont Mutual to ‘A’ Rating; Cites Improvements in 2024 Results

Mar 5 2025 // AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “aa-” (Superior) of Vermont Mutual Insurance...

#13 Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best

Nov 17 2025 // The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said U.S. private passenger...

#14 When EVs Take Off: AM Best Reviews Impact on China Motor Insurance

Jan 9 2025 // Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded five years earlier, AM Best said in a special report. According to the report,...

#15 AM Best Downgrades State Farm Mutual Auto

Nov 19 2025 // AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating...

#16 AM Best Downgrades Nonprofits Insurance Alliance Members in California, Vermont

Jun 16 2025 // AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of...

#17 AM Best Maintains Under Review With Negative Implications Status for UNAIC

Aug 20 2025 // AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Universal North America Insurance...

#18 Foundation Firmed: AM Best Switches View of US Homeowners Insurers to Stable

Dec 1 2025 // Insurers of U.S. homes have improved rate adequacy and catastrophe risk management, modified coverage, and benefitted from a softening reinsurance market to earn a change in AM Best’s outlook for the segment to...

#19 AM Best Revises Issuer Credits Rating Outlook to Stable for Grinnell Mutual Group

Sep 30 2025 // AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+”...

#20 No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best

May 20 2025 // Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and Atmospheric Administration disaster database could be detrimental to insurers and may require...