Tariffs Will Negatively Affect Insurance Industry, Says AM Best March 6, 2025 By Allen Laman Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with...
AM Best Downgrades Vermont Mutual to ‘A’ Rating; Cites Improvements in 2024 Results March 5, 2025 AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings...
AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’ March 3, 2025 Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect...
AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss February 21, 2025 By Chad Hemenway The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in...
AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires February 20, 2025 AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the...
First Chicago Insurance Group’s Credit Ratings Upgraded to Positive Outlook by AM Best February 10, 2025 AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed...
AM Best Downgrades Title Insurer’s Ratings February 7, 2025 AM Best has downgraded Connecticut Attorneys Title Insurance Co. (CATIC) of Essex Junction, Vermont. The company’s Financial Strength Rating has...
AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
13 US P/C Companies Impaired in 2023: AM Best February 6, 2025 Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM...
Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge February 4, 2025 By Dawn Walker The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within...