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....
AM Best Revises Outlook for US Personal Lines Insurance Segment to ‘Stable’ December 2, 2024 AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing...
AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’ November 25, 2024 By Chad Hemenway Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to...
2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023 November 14, 2024 After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best reports...
Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best November 1, 2024 By L.S. Howard AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year...