Commercial Auto Insurers Still Struggle to Profit: Fitch May 6, 2014 Commercial automobile insurers reported a third consecutive year of underwriting losses in 2013. According to an analysis by Fitch Ratings,...
Mexico, Nicaragua Earthquakes Unlikely to Impact Insurance Industry: Fitch Ratings April 25, 2014 Fitch Ratings said it “believes that the insurance industry and the ratings currently assigned to P&C companies in Nicaragua and...
Chile Quake, Tsunami Losses Unlikely to Affect Local Insurers’ Ratings: Fitch April 11, 2014 A bulletin from Fitch Ratings indicates that, based on preliminary analysis, Chile’s insurance industry solvency “will not be affected by...
Fitch Sees Growth, Profitability Continuing for U.S. Commercial Lines April 3, 2014 Fitch Ratings said it maintains a stable rating outlook for the U.S. commercial lines sector due to improving profitability over...
Private Market Could Grow As Government Flood Insurance Prices Rise: Fitch March 6, 2014 As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for...
Winter Losses Pile Up But No Rating Impact on P/C Insurers Expected: Fitch March 4, 2014 Severe winter weather is causing large losses for property/casualty insurance companies in early 2014, however there should be no rating...
Fitch Upgrades AIG March 3, 2014 American International Group Inc., the insurer that repaid a U.S. bailout in late 2012, has been upgraded by Fitch Ratings...
Fitch Affirms California Earthquake Authority’s ‘A’ Rating October 29, 2013 Fitch Ratings has affirmed the “A” rating on California Earthquake Authority’s outstanding fixed-rate revenue bonds, which mature on July 1,...
Seven Straight Years of Reserve Releases: Fitch September 17, 2013 Property/casualty industry prior-year loss reserves have developed favorably for seven straight calendar years, according to a report from Fitch Ratings,...
P/C Industry Faces Challenges If Terrorism Coverage Not Renewed: Fitch August 1, 2013 If Congress fails to renew or makes significant changes to the federal government’s terrorism risk insurance program, some insurers will...