The U.S. property/casualty (P/C) industry recorded a $26.5 billion net underwriting loss in 2022, $21.5 billion more than the $5...
AM Best News
It appears one of the nation’s better known cannabis insurance specialists is having to do some scrambling after AM Best...
AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings...
Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers...
The year 2022 is in the books for most U.S. property/casualty insurers as the days tick down to statutory filing...
A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and...
Until investors can be convinced that property-catastrophe reinsurance pricing has caught up with recurring event losses, they’ll continue to sit...
When an AM Best analyst said, “Apparently, things didn’t go that bad” to describe 1/1 reinsurance renewals, he wasn’t actually...
AM Best downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating...
Private flood insurance accounts for over 40% of California’s entire flood market—a significantly larger share than in the other leading...