InsurTech Startup Launches Lease Guarantee Platform in New York October 12, 2016 By Elizabeth Blosfield TheGuarantors, a New York based insurance tech startup founded in 2014, is seeking to make renting an apartment in New...
Outlooks Revised to Negative for Texas Farm Bureau Casualty Insurance, Subsidiary October 5, 2016 A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and...
A.M. Best Withdraws Credit Ratings of Oklahoma’s Farmers Mutual Fire Insurance September 12, 2016 A.M. Best has affirmed the financial strength rating (FSR) of B (Fair) and the long-term issuer credit rating (ICR) of...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best September 8, 2016 Europe’s top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from...
Negative Reinsurance Sector Outlook Not Changing Anytime Soon: A.M. Best September 7, 2016 A.M. Best said its outlook for the reinsurance sector remains negative due to a multitude of factors, and it will...
A.M. Best Downgrades Ratings of Florida-Based American Capital Assurance August 30, 2016 A.M. Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating to...
Outlooks for Wisconsin Mutual Insurance Revised to Positive: A.M. Best August 26, 2016 A.M. Besthas revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the...
A.M. Best Revises Outlook to Positive for Texas-Based State National Group August 25, 2016 A.M. Best revised the issuer credit rating (ICR) outlook to positive from stable, and affirmed the financial strength rating (FSR)...
Low Prices Ultimately Could Bite London Market Insurers: A.M. Best, PwC Reports August 24, 2016 By L.S. Howard The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under...
A.M. Best Revises Outlook to Negative for New York-Based Lancer Insurance August 11, 2016 A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co.....