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A.M. Best, Fitch Ratings, Moody’s Investors Service and Standard & Poor's announced ratings updates. The following are some of the most recent:
January 12 -
Even to those tasked with understanding it, the insurance industry can seem opaque. After in-depth interviews with 43 financial analysts who cover the insurance sector, New York-based PricewaterhouseCoopers finds a widespread dissatisfaction with the current insurance financial reporting framework.
January 11 -
Fond du Lac, Wis.-based Society Insurance, a provider of commercial insurance to Wisconsin, Illinois, Iowa and Indiana, implemented Denver-based Valen Technologies Inc.’s UnderRight predictive analytics underwriting solution to improve its pricing strategies and profitability. Society is now using UnderRight for its workers’ compensation line of business to positively impact the company’s combined ratio by enabling improved underwriting decision consistency and efficiency.
January 11 -
The insurance industry is offering praise for retiring Senate Banking Committee Chairman Christopher Dodd (D – Conn.), who announced last week he would not seek reelection next year.
January 11 -
The good news is there are signs of economic improvement. The bad news is A.M. Best is maintaining its negative rating outlook on the life/health industry.
January 8 -
Trust representing homeowners asks for compensation for damages due to mold exposure.
January 7 -
Harvard Pilgrim Health Care, Aetna and WellPoint are the first of a handful of insurers expected to certify for compliance with the initiative in Q1 2010.
January 7 -
Association commends retiring chairmans leadership on insurance-related issues.
January 6 -
S&P withdraws its A+ FSR of Nationwide Life Insurance Co. of America and Nationwide Life & Annuity Co. of America, and Moody's assigns ratings to the multi-issuer, multi-seniority shelf registration of The Travelers Cos. Inc.
January 6 -
The Property Casualty Insurers Association of America seeks no-fault reform in New York, market-based solutions in coastal states and the preservation of credit scoring, among others, in the coming year.
January 5 -
As usual, the federal government chooses a sledge hammer to swat a fly, which means we all get squashed.
January 4
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The Congressional Budget Office says tort reform will result in the reduction of health care costs in both direct and indirect ways.
January 4 -
The Congressional Budget Office says tort reform will result in the reduction of health care costs in both direct and indirect ways.
January 4 -
With the change from Bermuda to Ireland, the global insurance broker expects to see economic benefits that will help ensure continued global competitiveness.
January 4 -
The MGAs new business, Goss Reinsurance Brokers Inc., will operate as a specialty reinsurance broker for medium to small insurance carriers, captives, self-insurance funds, risk retention groups and other similar specialty insurance operations.
January 4 -
A mixture of new technologies and business imperatives are causing insurers to redefine the boundaries of data security.
January 1 -
Howard Schmidt will be responsible for orchestrating cybersecurity activities across the government and coordinating efforts to better protect private information networks.
December 31 -
Out-of-state residents are charged with insurance fraud after providing false information.
December 31 -
New York-based Fitch Ratings has published two documents updating the criteria the firm uses to assess insurance companies.
December 30 -
A.M. Best, and Moody’s Investors Service released ratings updates. The following are some of the most recent:
December 29
