Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, property/casualty insurers performed well in...
AM Best News
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today,...
Insurance industry rating agency AM Best has upped its view of the excess and surplus market as it continues to...
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Ratings...
The number of rated property/casualty personal lines insurers that had their credit ratings downgraded by AM Best more than doubled...
The U.S. title insurance industry saw its volume of net premium written decline by 16.1% in 2022, to approximately $20.9...
Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep...
The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of...
Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking...
The total net underwriting loss of $24.5 billion for the U.S. property/casualty industry after the first six months of 2023...