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AM Best downgrades A-Cap insurers amid financial and regulatory troubles

7 hours ago
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AM Best has downgraded the financial strength ratings of two Advantage Capital Group insurers, citing deteriorating capital and other issues. Read more
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ADVISOR NEWS

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How life insurance can provide liquidity for wealthy families

Life insurance can play a key role in a client’s financial plan, offering a source of liquidity that doesn’t depend on market conditions.

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NEWSWIRES

AM Best Affirms Credit Ratings of Assurant, Inc. and Its Property/Casualty and Life/Health Subsidiaries

These companies are collectively referred to as Assurant P&C Group. At the same time, AM Best has affirmed the Long-Term ICR of“ a-”, all associated Long-Term Issue Credit Ratings, indicative Long-Term IRs and the Short-Term IR of Assurant. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a” of Assurant’ s credit and life/health subsidiaries:…

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Annuity News

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A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets

In its own 32-page lawsuit, the A-Cap insurers accuse Wise of a prolonged and failed campaign to punish the companies. Read More

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Life Insurance News

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A-Cap insurers face new takeover push in South Carolina

South Carolina insurance regulators are taking another shot at placing two Advantage Capital Partners-owned insurers into rehab... Read More

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Health/Employee Benefits News

Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency

A day earlier, the Board of Commissioners in Wake County approved the hospital merger 5-2 in a five-hour meeting inclusive of d... Read More

As Health Insurance Costs Soar, Healthcare Workers Also Feel The Pinch

BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no heal... Read More

IMPLEMENTATION OF MEDICAID IMMIGRANT ELIGIBILITY RESTRICTIONS UNDER THE 2025 RECONCILIATION LAW: ISSUES TO CONSIDER

Authors: Akash Pillai, Alisha Rao, and Samantha Artiga. The 2025 reconciliation law includes new eligibility restrictions for m... Read More

  • ASSEMBLYWOMAN CELESTE RODRIGUEZ, LABOR, PLANNED PARENTHOOD, AND EDUCATORS CALL ON GOVERNOR TO ENSURE PREGNANT CALIFORNIANS CAN ACCESS HEALTH COVERAGE
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Property and Casualty News

AM Best Affirms Credit Ratings of Samsung Property & Casualty Insurance Company (China), Ltd.

The company is jointly owned by Samsung Fire& Marine Insurance Co. Ltd., Shenzhen Tencent Domain Computer Network Company L... Read More

New rules seek to establish uniform standards for public adjusters

A broad-based coalition of more than 16 established public adjusters, insurance attorneys and prominent industry professionals ... Read More

Gov. Jeff Landry announces new $20M grant program for fortified roofs in coastal Louisiana

Jeff Landry announced Monday that the state plans to redirect $20 million in federal funding originally meant for affordable ho... Read More

  • Why Nevada drivers face some of the highest car insurance rates in the country
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Insurtech News

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AI skills in higher demand than MBAs in financial services

As artificial intelligence continues to take over the financial services industry, a new report by PwC found there is more dema... Read More

  • Protecting client data in the age of AI
  • New assessment tool helps insurers take a hard look at their AI game plan
  • Overcoming the AI trust gap
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