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AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
Jun 9 2025 // Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry.According to industry rating agency AM Best,...
AM Best Upgrades Credit Ratings of Members of Midwest Insurance Group
Jun 6 2025 // AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest...
AM Best Upgrades Velocity Specialty Insurance After Acquisition by FM
Jun 2 2025 // AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a”...
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
May 30 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual
May 29 2025 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of...
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