All the headlines from our AM Best Topic Page, ordered by recency.
Dec 10 2008 // One day after it stole the long-time chief executive officer of giant surplus lines insurer Lexington Insurance Co., specialty insurer Ironshore Inc. announced that another former Lexington executive, Shaun Kelly, has been...
Dec 8 2008 // A.M. Best Co. has withdrawn and assigned an “nr” to the issuer credit rating (ICR) of “a-” of Pennsylvania-based Philadelphia Consolidated Holding Corp. as a result of the recently completed...
Dec 2 2008 // Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based Eureko B.V. and related core subsidiaries to negative from stable. S&P also affirmed the ‘A-‘ long-term...
Nov 30 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.Waste Haulers Market Detail: ELM Insurance...
Nov 21 2008 // The Republic Group (Republic) announced A.M. Best Company has affirmed the rating of “A-” (Excellent) for each of the group’s companies. In addition to affirming the group’s current financial...
Nov 19 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TIC). The outlook for both ratings...
Nov 16 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.Employer Stop Loss Market Detail: Markel...
Nov 3 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Sweden’s Sirius International Insurance Corporation with stable outlooks. The...
Nov 2 2008 // The Florida Hurricane Catastrophe Fund Advisory Council recently rattled the nerves of insurers when it presented its 2008 October bonding estimates.David Sampson, president of the Property Casualty Insurers Association of...
Nov 2 2008 // The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s conference in London on Oct. 15. Roger Sellek, the rating agency’s managing director-global financial...
Nov 2 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.Eliminate Forced Placed Coverage Market...
Oct 30 2008 // A.M. Best Co. says based on the credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe Fund’s ability to fund its claims-paying capacity, it placed several insurers’ ratings...
Oct 28 2008 // Responding to news that Loews Corp., the parent company of commercial insurer CNA Financial Corp., will pour up to $1.25 billion into CNA to boost its surplus, rating agencies A.M. Best Co. and Moody’s said...
Oct 23 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Barbados-based CIBC Reinsurance Company Limited (CIBC Re) (Barbados) with stable...
Oct 20 2008 // The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s well-attended conference (over 240 attendees) in London on October 15.Roger Sellek, the rating agency’s...
Oct 20 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.Medi-Tourism Professional Liability Market...
Oct 16 2008 // The Florida Hurricane Catastrophe Fund Advisory Council recently presented its 2008 October bonding estimates, rattling the nerves of insurers in the process.While David Sampson, president and chief executive officer of...
Oct 13 2008 // A.M. Best Co. has upgraded the financial strength rating to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating to “aa-” from “a+” of New Zealand’s AMI...
Oct 6 2008 // Rating analysts are taking a second look at The Hartford Financial Services Group in light of its recent hit on Wall Street, third quarter investment losses and infusion of outside capital.Analysts at A.M. Best Co. have...
Oct 6 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.Entertainment Specialists Market Detail:...