Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. this month, took a provisional impairment of $115.4 million as of June 30 after a review tied to the downgrade.
The figure could be revised, the Southfield, Michigan- based insurer said today in a quarterly filing with regulators that was delayed from last week so the company could conduct its analysis.
Copyright 2025 Bloomberg.
Was this article valuable?
Here are more articles you may enjoy.
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Litigation Finance Hits a Wall After Bets on Huge Gains Falter 
Product Liability Verdicts Are on the Rise but There Are Ways to Avoid Them 
Deadly Bear Attacks in Japan Prompt New Products From Insurers 
