2020 outlook News

Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best

Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and growing competition in the U.S., according to an A.M. Best report. Rate decreases across the United States have led to …

Personal Auto Insurance Underwriting Performance Has Likely Peaked: Fitch

Performance in the U.S. personal auto insurance market continues to run favorably in 2019, on par with underwriting profits achieved in 2018, according to Fitch Ratings. However segment results for the industry are likely unsustainable going forward based on shifting …

A.M. Best Weighs In With Stable Commercial Insurance Outlook for 2020

The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite “improved market conditions and solid levels of risk-adjusted capitalization that have helped insurers weather short-term profitability challenges.” …