Japan's four leading property and casualty insurers admitted on Thursday to having shared contract inform...
AM Best downgrades State Farm General to B on policyholder surplus deterioration
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
Article / 2 months ago
James River versus Fleming – how did clash impact credit ratings?
Following the announcement that it is pursuing a lawsuit against Fleming Intermediate Holdings (Fleming) over the sale...
Following the announcement that it is pursuing a lawsuit against Fleming Intermediate Holdings (Fleming) over the sale...
Article / 3 months ago
Program Manager in Full: Clear Blue passes the Vesttoo test
When Clear Blue relaunched its recap process with Piper Sandler back in the early summer, few could have predicted what was to unfold in the coming weeks and months...
When Clear Blue relaunched its recap process with Piper Sandler back in the early summer, few could have predicted what was to unfold in the coming weeks and months...
Article / 6 months ago
A Year in Florida: Special sessions, reinsurance woes, insolvencies, Ian
This year has been pivotal for the Florida homeowners' market, with two special sessions, a tumultuous reinsurance environment, a near-Category 5 hurricane...
This year has been pivotal for the Florida homeowners' market, with two special sessions, a tumultuous reinsurance environment, a near-Category 5 hurricane...
Article / 1 year ago
Florida legislators scramble to find Demotech alternative
A Florida legislative panel last week voted unanimously to find an alternative to the ratings agency Demotech – which originally planned to downgrade the ratings of some 17 insurers in the state....
A Florida legislative panel last week voted unanimously to find an alternative to the ratings agency Demotech – which originally planned to downgrade the ratings of some 17 insurers in the state....
Article / 2 years ago
State eyes shift on property insurer ratings - PC360
The ratings issue has come at a turbulent time in Florida’s property-insurance market, as carriers have shed policies and sought large rate increases because of financial losses...
The ratings issue has come at a turbulent time in Florida’s property-insurance market, as carriers have shed policies and sought large rate increases because of financial losses...
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Article / 2 years ago
Florida seeks rating scapegoat for its property insurance problems
Lawmakers in Florida are pushing for a new rating agency, or alternative of some description, to come into the state and measure insurance carrier...
Lawmakers in Florida are pushing for a new rating agency, or alternative of some description, to come into the state and measure insurance carrier...
Article / 2 years ago
Fla. property insurers' woes extend beyond ratings downgrades
Florida property and casualty insurers will continue to face a myriad of challenges despite the sudden creation of a temporary reinsurance program...
Florida property and casualty insurers will continue to face a myriad of challenges despite the sudden creation of a temporary reinsurance program...
Article / 2 years ago
Florida property insurance legislation "inadequate", says Demotech’s Petrelli
In an exclusive interview with Artemis, Joseph Petrelli, President and Co-Founder of rating agency and consultant Demotech, Inc. explained...
In an exclusive interview with Artemis, Joseph Petrelli, President and Co-Founder of rating agency and consultant Demotech, Inc. explained...
Article / 2 years ago
Florida homeowners' market falters as more ratings hang in balance
With options dwindling for a special legislative session and the reinsurance renewal cycle in full swing, carriers and consumers in the Florida homeowners’ market...
With options dwindling for a special legislative session and the reinsurance renewal cycle in full swing, carriers and consumers in the Florida homeowners’ market...
Article / 2 years ago
