A.M. Best Special Report: Market Share for Top-Ranking Firms Remains Steady in 2008 Nov 23, 2009 04:50PM

OLDWICK, N.J.--(BUSINESS WIRE)-- Primary findings from A.M. Best Co.'s annual review of the auditor and actuarial markets show that in 2008, the top firms in the United States and Canada remained dominant. The market for actuarial firms continued to grow, with more insurers using external actuaries in 2008, increasing slightly from 2007. -- The study encompasses 2008 statutory filings submitted to A.M. Best for ...


BestWeek Asia/Pacific: Chinatrust to Acquire 30% Stake in Nan Shan Nov 23, 2009 04:27PM

OLDWICK, N.J.--(BUSINESS WIRE)-- This week's edition of BestWeek Asia/Pacific explores the deal made by Taiwan-based financial conglomerate Chinatrust to get a share of AIG's Nan Shan Life unit. ...


State Auto Recognized for Leadership in Agency Technology Nov 23, 2009 04:00PM

COLUMBUS, Ohio--(BUSINESS WIRE)-- The State Auto Insurance Group has been awarded the 2009 Interface Partner Award by insurance technology company Applied Systems. In acknowledging State Auto's leadership and innovation, Applied Systems also cited State Auto's commitment to providing agents with download, real-time inquiry and real-time rating. "We are driven to make State Auto the easiest and most hassle-free business partner for our agency partners," said State Auto Director of Application Development Leo Genders. "Our partnership with an industry leader like Applied Systems helps us achieve that goal." ...


A.M. Best Comments on NAIC Rating Model Changes for RMBS Nov 23, 2009 12:30PM

OLDWICK, N.J.--(BUSINESS WIRE)-- On November 6, 2009, the National Association of Insurance Commissioners (NAIC) announced that members had approved a proposal to develop a new model for determining regulatory capital treatment for approximately 18,000 residential mortgage backed securities (RMBS). The proposal would result in the assignment of new NAIC rating designations for life insurer owned RMBS for the credit risk assessment charges used in the calculation of risk-based capital (RBC). Subsequently, the NAIC announced that PIMCO was selected as the third party financial modeler that will assist the state regulators in ultimately determining RBC requirements ...


A.M. Best Affirms Ratings of WRM America Indemnity Company Nov 23, 2009 11:45AM

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of WRM America Indemnity Company (WRMAI) (Uniondale, NY). The outlook for both ratings is stable. The ratings reflect WRMAI's solid capitalization, experienced management team and strong claim and risk management programs. Partially offsetting these positive rating factors is the execution risk ...


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Nov 23, 2009 10:25AM A.M. Best Special Report: Life Reinsurers Avoid Worst Effects of Financial Markets' Meltdown
Nov 23, 2009 10:09AM A.M. Best Special Report: New Hazard Maps, Model Updates Could Shift Views on Quake Risk
Nov 23, 2009 06:00AM GEICO Teams with Craftsman Auto Body to Present Car to Local Family Nov. 23
Nov 20, 2009 04:17PM BestWeek: State Legislators Try to Fend Off Federal Regulatory Effort
Nov 20, 2009 03:38PM A.M. Best Affirms Ratings of The Allstate Corporation and Its Subsidiaries
Nov 20, 2009 03:30PM A.M. Best Revises Outlook to Negative for Michigan Commercial Insurance Mutual
Nov 20, 2009 02:30PM State Auto Insurance Group Named Indiana Company of the Year
Nov 20, 2009 02:21PM HCC Announces Intent to Redeem 1.3% Convertible Notes
Nov 20, 2009 01:30PM A.M. Best Assigns Ratings to Queen's Island Insurance Company, Ltd.
Nov 20, 2009 11:29AM A.M. Best Affirms Ratings of Mondial Assistance International AG and Jefferson Insurance Company
Nov 20, 2009 11:16AM A.M. Best Affirms Ratings of Bison Insurance Company Limited
Nov 19, 2009 04:50PM A.M. Best Releases Special Report on Liquidity Analysis
Nov 19, 2009 04:31PM RLI Increases Dividend
Nov 19, 2009 02:21PM A.M. Best Downgrades Ratings of MVP Health Care, Inc.'s Insurance Subsidiaries
Nov 19, 2009 02:00PM HCC Declares 55th Quarterly Dividend
Nov 19, 2009 12:03PM A.M. Best Affirms Ratings of Flagstone Reinsurance Africa Limited
Nov 19, 2009 11:47AM A.M. Best Assigns Rating to Transatlantic Holdings, Inc.'s Senior Notes
Nov 19, 2009 11:00AM Allied World's Samuel Carucci to Speak on Panel for Advisen's MMSEA and Professional Liability's Hidden Burdens Webinar
Nov 19, 2009 03:10AM Health Insurance 2.0 - Cashing in on Social Media
Nov 18, 2009 04:25PM A.M. Best's The Guide to Understanding the Insurance Industry 2009-2010 Now Available on Amazon
Nov 18, 2009 02:24PM A.M. Best Affirms Ratings of Assurant, Inc. and Its Subsidiaries
Nov 18, 2009 10:39AM Industry First: BitArmor Launches New Managed Encryption Software Service
Nov 18, 2009 09:48AM HomeInsurance.com to Give Away an iPhone 3G to One Lucky Visitor
Nov 18, 2009 07:45AM The Main Street America Group Launches Main Street Connection for Personal Lines in Michigan
Nov 17, 2009 02:54PM A.M. Best Affirms Ratings of Employers Holdings, Inc. and Its Subsidiaries
Nov 17, 2009 02:29PM A.M. Best Affirms Ratings of Balboa Insurance Group and Its Members, Newport E&S Insurance Company, Balboa Life Insurance Company, Balboa Life Insurance Company of New York and General Fidelity Li
Nov 17, 2009 01:15PM Cast Iron Accelerates Data Migration and Application Integration for the Windows Azure Platform
Nov 17, 2009 10:28AM A.M. Best to Sponsor Insurance Managers Association of Cayman's 2009 Cayman Captive Forum
Nov 17, 2009 09:33AM Strathmore to Host 20,000 Montgomery County Second-Graders for Special Music Events Nov. 17-19
Nov 17, 2009 06:00AM GEICO names John Zinno vice president and head of GEICO Insurance Agency
Nov 17, 2009 06:00AM GEICO names Martha Furnas vice president
Nov 16, 2009 03:23PM BestWeek Asia/Pacific: A.M. Best Examines Financial Crisis Impact on Region's Markets
Nov 16, 2009 02:09PM A.M. Best Affirms Ratings of Southland National Insurance Corporation
Nov 16, 2009 02:08PM A.M. Best's Insurance Distribution Webcast Video and Transcript Available
Nov 16, 2009 12:23PM A.M. Best Affirms Ratings of Employers Holdings Inc. and Its Subsidiaries
Nov 16, 2009 11:43AM A.M. Best Assigns Ratings to Lakeview Insurance Company
Nov 16, 2009 11:22AM PlanSmartChoice Sponsored by WAEPA
Nov 16, 2009 09:57AM Penn Millers Reports Third Quarter and Nine Months Results Ended September 30, 2009
Nov 16, 2009 02:00AM A.M. Best Special Report: Lower Interest Rates Shift Operating Environment for Region's Insurers
Nov 13, 2009 03:51PM BestWeek: Finite Re's Fallout: New Disclosures, Fewer Takers
Nov 13, 2009 02:51PM Chocolate Manufacturing Death, Battery Explosions Prompt Revisions to A.M. Best's Risk Assessment Reports
Nov 13, 2009 01:30PM A.M. Best Revises Outlook to Negative for Germania Mutual Group and Its Members
Nov 13, 2009 11:39AM A.M. Best Affirms Ratings of Malaysian Reinsurance Berhad
Nov 13, 2009 11:38AM A.M. Best Affirms Ratings of Dongbu Insurance Company, Ltd.
Nov 13, 2009 11:32AM A.M. Best Withdraws Ratings of China Taiping Insurance (Singapore) Pte. Ltd.
Nov 13, 2009 06:00AM GEICO Gecko Turns Up the Buzz on Disney's "The Princess and the Frog"
Nov 12, 2009 01:51PM A.M. Best Upgrades Ratings of Phenix Mutual Fire Insurance Company
Nov 12, 2009 12:57PM Allied World Announces Branch Office in Singapore
Nov 12, 2009 11:50AM A.M. Best Affirms Ratings of AVIVA plc and Its Subsidiaries
Nov 12, 2009 11:48AM A.M. Best Revises Outlook to Positive and Affirms Ratings of ZEP-RE (PTA Reinsurance Company)
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