AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
13 US P/C Companies Impaired in 2023: AM Best February 6, 2025 Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM...
Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge February 4, 2025 By Dawn Walker The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within...
Growth of Pet Insurance Continues as Market Could Reach $4.5B January 29, 2025 By Jahna Jacobson Any pet owner who has been hit by sticker shock at the vet’s office understands why pet insurance is a...
AM Best Upgrades Financial Strength Ratings for Employers Holding Subsidiaries January 10, 2025 AM Best has upgraded the Financial Strength Rating (FSR) of Reno, Nevada-based Employers Holdings Inc.’s subsidiaries to A (Excellent) from...
When EVs Take Off: AM Best Reviews Impact on China Motor Insurance January 9, 2025 By Susanne Sclafane Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded...
AM Best Removes Negative Implications on Oklahoma’s Sutton National January 7, 2025 AM Best has removed under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the...
AM Best Report Cites MGA’s Role in Insurer Insolvencies December 18, 2024 By William Rabb This story has been edited for clarity. In May of 2022, as Florida lawmakers debated solutions to the Florida property...
Nonstandard Auto Segment Posts Profit for First Half 2024 December 13, 2024 By Jahna Jacobson While publicity about personal auto insurer initiatives has focused chiefly on requested rate increases, there’s more to the picture regarding...
AM Best: US P/C Industry Reverses Nine-Month Underwriting Loss December 4, 2024 Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S....