Skeptical AM Best Tags US D&O Segment With Negative Outlook March 4, 2024 By Chad Hemenway Rating agency AM Best has assigned a negative outlook to the U.S. directors and officers liability insurance segment as more...
Spike in Recent Ratings Downgrades Shows Challenges for US Insurers March 4, 2024 Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report...
AM Best Puts Credit Ratings of Casualty Underwriters in Utah Under Review February 27, 2024 AM Best placed under review with negative implications the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit...
AM Best Upgrades Credit Ratings of Aspire General in California February 26, 2024 AM Best upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to...
AM Best Says Losses from California Storms Largely Uninsured, Underinsured February 9, 2024 The economic losses from the latest round of California storms will be significant, with many of these losses may not...
AM Best Revises Outlooks to Negative for Amica Mutual February 5, 2024 Insurance rating firm AM Best has revised the outlooks to negative from stable and affirmed the superior credit ratings of...
AM Best Revises Outlooks to Negative for Farmers Mutual Fire of Pennsylvania January 26, 2024 Ratings firm AM Best has revised the outlooks to negative from stable of Farmers Mutual Fire Insurance Co. of Marble,...
AM Best Revises Outlooks to Negative for Members of Enumclaw in Washington January 11, 2024 AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
A&E Loss Payouts on the Rise; Reserves Will Run Off in 8 Years December 20, 2023 A new AM Best segment report details asbestos and environmental (A&E) losses and reserve decline through the end of 2022....
US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months December 8, 2023 U.S. property/casualty underwriting results deteriorated during the first nine months of 2023 to a loss of $32.2 billion. The result,...