Industry News

Best's Reviews

AM Best Affirms Credit Ratings of Certain Operating Subsidiaries of MGIC Investment Corporation

Sep 18, 2019 AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-”...

AM Best Affirms Credit Ratings of HDI Global Seguros, S.A.

Sep 18, 2019 AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent), the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” and the Mexico...

Florida Commissioner: Hardening Reinsurance Market Mitigating AOB Reform Benefits

Sep 18, 2019 A hardening reinsurance market will blunt the beneficial effects consumers should be feeling soon from Florida’s Assignment of...

AM Best Places Credit Ratings of Alaska National Insurance Company Under Review With Developing Implications

Sep 18, 2019 AM Best has placed under review with developing implications the Financial Strength Rating of A (...

Insurance Journal

North Carolina Attorney General Plans to Sue Purdue Pharma Family

Sep 18, 2019 North Carolina’s attorney general says he’s pursuing accountability from the family that owns OxyContin maker Purdue Pharma with a pending lawsuit...

Report: More Than 70 Kids in North Carolina Poisoned by E-Cigarettes

Sep 18, 2019 North Carolina Poison Control says nearly 75 children under age 5 have been poisoned by e-cigarettes and vaping products in 2019. The News & Observer of...

Arkansas Senate Leader Proposes New Regulations, Tax on Vaping

Sep 18, 2019 Arkansas’ Senate president has proposed a new tax and regulations on vaping products, and said he hopes the governor will call lawmakers back to the...

Arnold, Palsgraaf Appointed to New Positions at North Dakota Insurance Department

Sep 18, 2019 North Dakota Insurance Commissioner Jon Godfread has appointed John Arnold as deputy insurance commissioner and Johnny Palsgraaf as general...

Claims Journal

Summer Snow in Sierra; High Winds Damage Plane Near Reno

Sep 18, 2019 RENO, Nev. — A strong Sierra cold front packing winds gusting up to 50 mph (80 kph) dropped the first snow of the season Monday in the mountains along the California-...

Lloyd’s of London Expects ‘Sobering’ Culture Assessment

Sep 18, 2019 LONDON — Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s...

Bermuda Braces for Approach of Major Hurricane Humberto

Sep 18, 2019 HAMILTON, Bermuda — Bermuda residents boarded up windows of homes and businesses on Wednesday as Hurricane Humberto became a major storm on route the Atlantic...

Worker, Food-Safety Advocates Sound Alarm Over New Hog Slaughter Rules

Sep 18, 2019 CHICAGO — U.S. food safety and the health of plant workers will be at risk from new federal rules that allow meat companies to slaughter hogs as fast as...