Robert Raber News Today

Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Ratings of "a-" (Excellent) of Everspan Indemnity Insurance Company and Everspan Insurance Company.

Press release content from Business Wire. The AP news staff was not involved in its creation.

AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to Federated Specialty Insurance Company. Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICRs of“ aa-” of Federated Mutual Insurance Company and its main subsidiaries, Federated Service Insurance Company, Federated Reserve Insurance Company and...

AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of American National Insurance Company and its life/health subsidiaries, American National Life Insurance Company of Texas, American National Life Insurance Company of New York and Standard Life...

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the members of Mercury Casualty Group. AM Best also has affirmed the FSR of A- and the Long-Term ICRs of“ a-” of the insurance entities within the American Mercury Insurance Group. In addition, AM Best has affirmed the Long-Term Issue Credit Rating of“ bbb+” of MGC’ s $375...

Press release content from Business Wire. The AP news staff was not involved in its creation.

AM Best has withdrawn the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa” of Associated Indemnity Corporation. Effective Jan. 1, 2022, WCF National Insurance Company completed its acquisition of AIC from Fireman’ s Fund Insurance Company. Under the terms of the transaction, Fireman’ s Fund Insurance Company will reinsure and...

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of the members of Nationwide Group. Concurrently, AM Best has affirmed the FSR of A+ and Long-Term ICR of“ aa-” of Nationwide Life Insurance Company and its subsidiaries, Nationwide Life and Annuity Insurance Company and Jefferson National Life Insurance Company.

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” for Rutgers Casualty Insurance Company and American European Insurance Company, which operate an intercompany reinsurance pooling agreement, and are collectively known as AEIG or the group.