AM Best Plans to Assess MGAs, Other Delegated Authority Entities March 17, 2021 By Susanne Sclafane With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in...
‘A-‘ Rating Assigned to Illinois Workers’ Comp Carrier Pekin Select Insurance February 3, 2021 AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to...
Repair Your Damaged Reputations, AM Best Tells UK Insurers February 2, 2021 While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of lockdowns,...
Ratings of Ohio’s Wayne Mutual Insurance Upgraded January 26, 2021 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating...
Hallmark Financial CEO Resigns; AM Best ‘A-‘ Rating Maintained January 19, 2021 AM Best announced that its would not change the “A-” financial strength ratings of the members of Dallas-based Hallmark Insurance...
AM Best, Moody’s Rate Personal Lines Insurance Market Outlook as Stable January 19, 2021 AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s...
AM Best Assigns ‘A’ Rating to Nebraska’s Summit Specialty Insurance January 15, 2021 AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to...
AM Best Upgrades Capital Insurance Group in California December 29, 2020 Monterey, Calif.-based Capital Insurance Group has been upgraded by AM Best. CIG received a rating of A (Excellent) from A-...
Outlooks Revised to Negative for Iowa’s United Fire Group, Property/Casualty Subs December 21, 2020 AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent)...
AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies December 14, 2020 AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit...