AM Best Revises Outlook to Stable for Topa in California May 21, 2021 AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and...
Outlooks Revised to Positive for Workers’ Comp Insurer Stonetrust May 20, 2021 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and...
Medical Professional Liability Market Facing Difficult Times May 13, 2021 Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year...
Carriers Struggle To Transform Innovation Efforts Into Results: AM Best May 11, 2021 By Susanne Sclafane Although COVID-19 forced many insurers to seek out innovative solutions, most companies still have room for improvement, according to rating...
AM Best Upgrades Union Mutual Rating to Excellent with Stable Outlook May 4, 2021 AM Best has upgraded the financial strength rating to A (excellent) from A- (excellent) and the long-term issuer credit ratings...
P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best April 19, 2021 The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for...
Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best April 16, 2021 Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, with five of the seven involving auto...
AM Best Maintains Negative Outlook on UK Non-Life Insurance Market April 9, 2021 AM Best is maintaining a negative market segment outlook on the United Kingdom non-life insurance segment, citing economic uncertainty as...
London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising April 1, 2021 Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a...
Australia’s Floods to Hit Insurers’ Earnings, Put Upward Pressure on Reinsurance Rates March 31, 2021 Insured losses from Australia’s March floods are expected to hit general (or property/casualty) insurers’ underwriting margins and earnings in 2021,...