Global Reinsurance Sector Receives ‘Stable’ Market Outlook as Rates Keep Hardening December 8, 2020 By L.S. Howard The outlook of the global reinsurance sector is “stable,” which is mainly a reflection of hardening pricing conditions and tighter...
Outlooks Revised to Positive for Bremen Farmers Mutual Insurance in Kansas December 1, 2020 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and...
PrimeOne Insurance Co. in Utah Has Ratings Outlooks Revised to Stable November 25, 2020 AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and...
Obsidian Specialty Insurance Company Receives A- Rating from AM Best November 16, 2020 AM Best has assigned the recently-formed excess and surplus (E&S) lines insurer, Obsidian Specialty Insurance Company, a financial strength rating...
Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida November 16, 2020 Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have...
Professional Liability Underwriters Feeling Pressure From COVID: AM Best November 13, 2020 The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many...
AM Best’s Estimates for U.S. Insurers’ Asbestos & Environmental Losses Unchanged October 22, 2020 AM Best said its estimates of $100 billion in asbestos losses and $46 billion in environmental losses for the U.S....
Golden Bear in California Upgraded by AM Best October 22, 2020 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating...
Ratings of Texas’ Hallmark Financial No Longer Under Review with Negative Implications October 20, 2020 AM Best has removed from under review with negative implications and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of...
AM Best Upgrades Credit Ratings for Members of Arbella Insurance Group October 15, 2020 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings...