IFAwebnews » A.M. Best

Hurricane Irene wrath is rising insurance losses; this year tops 2010

Bob Graham — Mon, 29 Aug 2011 12:08:09 +0000

Hurricane Irene’s weekend march up the Atlantic Coast caused at least 20 deaths, left millions without power and left a path of destruction from Florida to Maine.

Hurricane Irene wrath is rising insurance losses; this year tops 2010 via IFAwebnews.

P-C insurers’ net premium written shows first rise since 2006

IFAwebnews Staff — Tue, 17 May 2011 19:25:55 +0000

Net premium written by property-casualty insurers grew 1.1% last year, the first increase since 2006, and policyholders' surplus grew by 9%, marking the highest level for its capital, according to a new report.

P-C insurers’ net premium written shows first rise since 2006 via IFAwebnews.

Life, health insurers finding ‘balance’ after ‘alarming’ two-year span

Bob Graham — Mon, 07 Mar 2011 20:46:07 +0000

Life and health insurance companies may be in a safer place, at least in terms of their ratings, than they have been in the last two years, according to A.M. Best Co.

Life, health insurers finding ‘balance’ after ‘alarming’ two-year span via IFAwebnews.

Merging of two New York-based insurers leads to ratings, name changes

Bob Graham — Wed, 16 Feb 2011 12:59:40 +0000

A merger of two property-casualty insurance companies in New York has led to the revising of ratings for several companies by A.M. Best Co.

Merging of two New York-based insurers leads to ratings, name changes via IFAwebnews.

Personal lines and reinsurance stable, commercial lines negative

Jaime L. Brockway — Mon, 24 Jan 2011 11:49:40 +0000

The personal lines segment and reinsurance lines' ratings are stable for this year, while commercial lines turned from stable to negative, A.M. Best reported.

Personal lines and reinsurance stable, commercial lines negative via IFAwebnews.

U.S. life, annuity sectors improve, but face obstacles

Jaime L. Brockway — Mon, 17 Jan 2011 11:00:26 +0000

Although the rating outlook on the U.S. life/annuity sector changed to stable from negative in 2010, A.M. Best says challenges remain for this year.

U.S. life, annuity sectors improve, but face obstacles via IFAwebnews.

New Jersey auto insurer’s outlook dropped to ‘negative’

IFAwebnews Staff — Mon, 25 Oct 2010 16:17:23 +0000

IFA Insurance Co.’s unprofitable operating performance in the last few years was blamed in part for its lowered ratings outlook from a key ratings service.

New Jersey auto insurer’s outlook dropped to ‘negative’ via IFAwebnews.

Sluggish economy continues to hurt workers’ compensation market

IFAwebnews Staff — Tue, 05 Oct 2010 09:37:36 +0000

The workers’ compensation market felt the effects of the global financial crisis last year, with net premiums written plunging 14.6%, to $12.3 billion, marking its lowest level in a decade.

Sluggish economy continues to hurt workers’ compensation market via IFAwebnews.

Blue Cross Blue Shield companies’ underwriting earnings drop 41%

Bob Graham — Fri, 27 Aug 2010 10:32:00 +0000

Blue Cross Blue Shield companies suffered a 40.7% average drop in underwriting earnings last year, part of a mixed bag financially.

Blue Cross Blue Shield companies’ underwriting earnings drop 41% via IFAwebnews.

Captive insurers’ net income doubles, pushed by investment gains

Bob Graham — Tue, 10 Aug 2010 12:51:59 +0000

U.S. captive insurers saw their net income double in 2009, compared to the prior year, driven primarily by the recovery of their investment portfolios, according to an A.M. Best Co. report.

Captive insurers’ net income doubles, pushed by investment gains via IFAwebnews.