Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to...
A.M. Best downgrades State Farm General
Rating agency A.M. Best Co. said Thursday it has downgraded the financial strength rating of State Farm General Insurance Co., the homeowners unit of State Farm Group, to B (Fair) from A...
Rating agency A.M. Best Co. said Thursday it has downgraded the financial strength rating of State Farm General Insurance Co., the homeowners unit of State Farm Group, to B (Fair) from A...
Article / 29 days ago
Ategrity’s outlook restored to stable: A.M. Best
A.M. Best Co. restored the outlook for Ategrity Specialty Holdings LLC and its affiliate back to stable from negative, citing its balance sheet strength, the rating agency said Wednesday....
A.M. Best Co. restored the outlook for Ategrity Specialty Holdings LLC and its affiliate back to stable from negative, citing its balance sheet strength, the rating agency said Wednesday....
Article / 5 months ago
Alabama municipal insurer loses A- rating
A.M. Best Co. Inc. on Friday downgraded Alabama Municipal Insurance Corp.’s financial strength rating to B++ from A-, citing poor results related to property losses, inflation and concerns over its...
A.M. Best Co. Inc. on Friday downgraded Alabama Municipal Insurance Corp.’s financial strength rating to B++ from A-, citing poor results related to property losses, inflation and concerns over its...
Article / 9 months ago
Best puts Vesttoo-connected fronting insurer under review
Rating agency A.M. Best Co. Inc. on Tuesday placed the A- rating of Clear Blue Insurance Group under review for a possible downgrade due to concerns over letters of credit it relies on to support its...
Rating agency A.M. Best Co. Inc. on Tuesday placed the A- rating of Clear Blue Insurance Group under review for a possible downgrade due to concerns over letters of credit it relies on to support its...
Article / 9 months ago
Credit rating downgrades mostly in commercial property: A.M. Best
Commercial property insurers accounted for more than half the credit rating downgrades of commercial lines insurers last year, rating agency A.M. Best Co....
Commercial property insurers accounted for more than half the credit rating downgrades of commercial lines insurers last year, rating agency A.M. Best Co....
Article / 1 year ago
Best puts ratings of Canopius US, Bermuda units on negative
Rating agency A.M. Best Co. Inc. on Friday changed its outlook for the A- financial strength rating of Canopius US Insurance Inc. and Canopius Reinsurance Ltd. from stable to negative, citing balance...
Rating agency A.M. Best Co. Inc. on Friday changed its outlook for the A- financial strength rating of Canopius US Insurance Inc. and Canopius Reinsurance Ltd. from stable to negative, citing balance...
Article / 1 year ago