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...
Pennsylvania’s Workpartners Maintains Excellent Rating from A.M. Best February 11, 2020 Workpartners, which is part of UPMC Insurance Services, has retained its financial strength rating of A- (Excellent) with a stable...
Issuer Credit Ratings of Michigan’s Atain Insurance Companies Downgraded February 10, 2020 AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a+” and affirmed the Financial Strength...
Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic February 4, 2020 Rating firm AM Best said it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus...
AM Best Downgrades Issuer Credit Rating of Crusader in California February 3, 2020 AM Best has downgraded the Long-Term Issuer Credit Rating to “bbb” from “bbb+” and affirmed the Financial Strength Rating of...