The National Association of Insurance Commissioners will take an in-depth look at the nation’s credit rating agencies, from their role in regulation in light of the current financial climate to a possible alternative to the groups.

The outlook for the property-casualty insurance sector remains “negative,” according to Fitch Ratings, because insurers will face many pressures on earnings in the coming months.

The recession and sagging stock market of the last 10 months has caused “significant deterioration” in investment results for U.S. life insurance companies, according to a new Fitch Ratings report.

The …  Read →

The outlook for the U.S. property-casualty insurance market remains “negative,” according to Fitch Ratings, which says the sector faces “significant challenges” this year.

The “negative” rating applies to both personal and …  Read →

Citing earnings deterioration, Fitch Ratings has revised the outlook of Health Insurance Plan of Greater New York to “negative” from “stable,” while also affirming a pair or ratings.

Fitch affirmed the …  Read →

Fitch Ratings has downgraded a pair of ratings for health insurer CIGNA, citing several factors that have resulted in what it called some “modest tightening” of the insurer’s “financial flexibility.”

CIGNA, …  Read →