A substantial disruption in the U.S healthcare system occurred as a result of a February cyberattack on C...
AM Best Revises Outlooks to Negative for Amica Mutual
Insurance rating firm AM Best has revised the outlooks to negative from stable and affirmed the superior credit ratings of Amica Mutual Insurance Co. and its subsidiary, Amica Property and...
Insurance rating firm AM Best has revised the outlooks to negative from stable and affirmed the superior credit ratings of Amica Mutual Insurance Co. and its subsidiary, Amica Property and...
Article / 2 months ago
AM Best Downgrades Acuity
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior) from “aa” (Superior) and affirmed the Financial Strength Rating (FSR) of “A+” (Superior) of Acuity, A Mutual Insurance Company...
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior) from “aa” (Superior) and affirmed the Financial Strength Rating (FSR) of “A+” (Superior) of Acuity, A Mutual Insurance Company...
Article / 2 months ago
CSE ‘Runoff’ Prompts Downgrade, Withdrawal of AM Best Ratings
AM Best announced that is has downgraded and withdrawn the financial strength ratings of CSE Insurance Group’s Civil Service Employees Insurance Company...
AM Best announced that is has downgraded and withdrawn the financial strength ratings of CSE Insurance Group’s Civil Service Employees Insurance Company...
Article / 6 months ago
Down, Down, Down….AM Best P/C Downgrades Outpacing Upgrades
The number of rated property/casualty personal lines insurers that had their credit ratings downgraded by AM Best more than doubled to 21 in the...
The number of rated property/casualty personal lines insurers that had their credit ratings downgraded by AM Best more than doubled to 21 in the...
Article / 6 months ago
NAIC Weighs Overriding Credit-Rating Companies
The National Association of Insurance Commissioners is gearing up to challenge credit graders by overruling ratings on certain assets bought by insurance companies....
The National Association of Insurance Commissioners is gearing up to challenge credit graders by overruling ratings on certain assets bought by insurance companies....
Article / 8 months ago
AM Best Downgrades SCOR Ratings
AM Best announced yesterday that it has downgraded the financial strength rating to A (excellent) from A+ (superior) and the long-term issuer credit ratings to “a+” (Excellent) from “aa-” (Superior)...
AM Best announced yesterday that it has downgraded the financial strength rating to A (excellent) from A+ (superior) and the long-term issuer credit ratings to “a+” (Excellent) from “aa-” (Superior)...
Article / 1 year ago
AM Best Assigns Positive Segment Outlook to MGAs, Other DUAEs
Technology, talent and diverse sources of capital continue driving growth for managing general agencies and other delegated underwriting authority...
Technology, talent and diverse sources of capital continue driving growth for managing general agencies and other delegated underwriting authority...
Article / 1 year ago
Lower Capital Levels Push S&P P/C Insurance Sector Outlook to Negative
S&P Global Ratings revised its view on the U.S. property/casualty sector to negative from stable, the rating agency said yesterday, with a new report identifying lower...
S&P Global Ratings revised its view on the U.S. property/casualty sector to negative from stable, the rating agency said yesterday, with a new report identifying lower...
Article / 1 year ago
Still Negative: S&P Isn’t Budging on Reinsurance Outlook
Since May 2020, S&P Global Ratings has had a negative credit outlook on the global reinsurance sector—and analysts said it isn’t time to change that view during a webinar last week....
Since May 2020, S&P Global Ratings has had a negative credit outlook on the global reinsurance sector—and analysts said it isn’t time to change that view during a webinar last week....
Article / 2 years ago
AM Best Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency
Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM...
Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM...
Article / 2 years ago
