Personal Auto Insurers Have Edge on Innovation: AM Best May 10, 2024 After two years of challenges for personal auto insurers, rating agency AM Best delivered a positive assessment: U.S. personal auto...
AM Best Revises Ohio Indemnity Company’s Outlook to Positive May 9, 2024 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
AM Best Downgrades Credit Rating of Texas Farm Bureau Insurance Group April 24, 2024 AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit...
AM Best Places Credit Ratings of GeoVera Insurance Group Members Under Review April 24, 2024 AM Best placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer...
Time-Tested Loss Reserving Methods Challenged: AM Best April 19, 2024 Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
AM Best Downgrades Ratings of State Farm General April 1, 2024 Roughly a week after State Farm announced that it would nonrenew tens of thousands of homeowners and commercial apartment policies...
2023 Underwriting Losses Improve but Persist in US P/C Industry March 26, 2024 By Allen Laman and Susanne Sclafane The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM...
Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023 March 12, 2024 AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number...
Pie’s Financial Strength Rating of A- Under Review by AM Best March 11, 2024 By Chad Hemenway Insurance industry rating agency AM Best on Friday put the financial strength rating of Pie Insurance Group under review with...
US P/C Industry Underwriting Loss Reaches 10-Year High: AM Best March 7, 2024 Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38...