AXIS Gets AM Best Ratings Downgrade on ‘Deterioration’ of Operating Performance May 6, 2020 AM Best has downgraded the credit ratings of Bermuda-based AXIS Capital Holdings and its subsidiaries. The re/insurer has had its...
AM Best: Outlooks Negative for Wisconsin’s McMillan Warner Mutual Insurance March 27, 2020 AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and...
A.M. Best Downgrades Rhode Island’s Providence Mutual March 24, 2020 The Providence Mutual Fire Insurance Co. has been dealt a financial strength rating downgrade from A.M. Best. A.M. Best said...
AM Best to Test Insurers for Coronavirus Impact; Fitch Lowers Allstate Outlook March 18, 2020 Ratings firm AM Best said it is developing stress testing that it will conduct on its rated insurance companies’ balance...
P/C Insurers Score Low for Innovation, While Reinsurers Do Better: AM Best March 18, 2020 By Susanne Sclafane In an initial test of its new innovation assessment scores, AM Best found that only 1 percent of rated property/casualty...
Arkansas’ Southern Pioneer P/C Insurance Acquired by Biglari; Ratings Unchanged March 16, 2020 AM Best said the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb”...
How Much U.S. P/C Insurance Bottom Line Grew in 2019: A.M. Best March 10, 2020 Net underwriting income for the U.S. property/casualty insurance industry in 2019 grew by $4.9 million from 2018, A.M. Best said...
AM Best Assigns A- Credit Ratings to Minnesota’s SFM Companies March 4, 2020 AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to...
D&O Insurers Urged to Adjust Rates, Underwriting for Risky Environment March 4, 2020 Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued...
Outlooks Revised to Positive for Iowa’s Midwest Family Insurance Group March 2, 2020 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and...