AM Best

Our Mission: Learn how AM Best's mission supports insurance stakeholders by assessing insurer creditworthiness and the performance of related parties. https://bit.ly/3XKKkU8 #AMBest #insuranceindustry #insurance #globalprovider

Read more: https://bit.ly/4iIVrH4 AM Best has revised its outlook to Stable from Negative for the US personal lines #insurance segment for 2025, which corresponds with a change to the personal auto outlook. The shift in the personal lines segment outlook cites improved rate and pricing conditions, particularly in the auto insurance space, along with solid levels of risk-adjusted capitalization among carriers. #personallines #personallinesinsurance #personalauto #personalautoinsurance #autoinsurance #insuranceindustry

Best’s Review asked three artificial intelligence large language model programs: “What are the risks to insurance companies that distribute through managing general agents?” Read excerpts from the responses here: https://bit.ly/4g0Hm5m #AI #Risks #InsuranceIndustry #Insurance

Read more: https://bit.ly/3DlFO7Y Following two years of unprofitable but improving results, the US nonstandard #auto #insurance segment has notched a slight profit for the first half of 2024. #autoinsurance #nonstandardauto #nonstandardautoinsurance #insuranceindustry

Watch here: https://bit.ly/4gtVMLN AM Best Financial Analyst Helen Andersen reviews a new report that shows higher premiums and lower combined ratios have improved the results of personal #auto #insurers in the United States. #autoinsurance #privatepassenger #privatepassengerinsurance #insuranceindustry #insurance #personalauto

AM Best has selected students from The University of Akron, Wisconsin School of Business and Florida State University as finalists for its fourth annual Student Challenge competition, which tasked entrants with creating solutions for managing insurance risks. Join us on March 18 to witness their innovative presentations and vote for your favorite one -- stay tuned for more info. Discover more about the finalists here: https://bit.ly/3BqHNYe #InsuranceIndustry #Insurance #StudentChallenge

While catastrophe losses continue to be the leading cause for insurer insolvencies, a number of insurers ran into trouble after relying too heavily on delegated underwriting authority enterprises. Read about the issues that can arise here: https://bit.ly/3CMYBsG #Insurers #InsuranceIndustry #Insolvencies

Access here: https://bit.ly/3BdwXVc AM Best has assigned a Negative outlook on the US Medicare Advantage (MA) and #Medicaid managed care segment, citing several adverse factors affecting each government #health insurance-related program. #MedicareAdvantage #healthinsurance #insurance #insuranceindustry

Last year was a record year for inflated verdicts, with more than 23 surpassing $100 million, according to a report from the U.S. Chamber of Commerce Institute for Legal Reform. While this trend is likely to prove costly for unprepared professional service providers, it also presents opportunities for independent insurance agents. Learn more in our article written by Gregory W. Leffard, SVP/president of professional and executive lines, The Hanover Insurance Group: https://bit.ly/49a1G2b #Verdicts #InsuranceIndustry #InsuranceAgents

Read more: https://bit.ly/41a4muD AM Best is maintaining its market segment outlook for the delegated underwriting authority enterprise (#DUAE) segment at Positive, citing the segment's sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth. #insurance #MGA #underwriting #delegatedunderwritingauthorityenterprise #insuranceindustry