DURHAM, N.H., July 6 -- The University of New Hampshire issued the following news release:

About three in 10 Medicaid recipients could be affected by a potential work requirement, a share that is similar in rural and urban places, according to researchers at the Carsey School of Public Policy at the University of New Hampshire.

Among Medicaid recipients affected, the majority worked at least part of the previous year or were motivated to work but could not find a job. This was slightly higher in rural places than in urban (83.4 vs. 78.7 percent).

As state policymakers consider Medicaid-related work requirements, it is worthwhile to consider the administrative costs of implementing this kind of waiver alongside the benefits of cost savings associated with reducing Medicaid rolls, and the expenses related to increasing the uninsured low income population," the researchers said. "In both rural and urban places, legislators should consider whether the consequences to families losing health insurance coverage outweigh the relative benefits of enforcing work requirements."

View the full report here: https://carsey.unh.edu/publication/3-in-10-medicaid. The research was conducted by Andrew Schaefer and Jessica Carson, research scientists in the Vulnerable Families at the Carsey School.

The Carsey School of Public Policy conducts research, leadership development, and engaged scholarship relevant to public policy. They address pressing challenges, striving for innovative, responsive, and equitable solutions at all levels of government and in the for-profit and nonprofit sectors.

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the members of Crum & Forster Insurance Group (C&F). Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Monitor Life Insurance Company of New York (Monitor Life) (New York, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.)

The ratings of C&F reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM). The ratings also reflect the benefits the group derives from its role within the larger Fairfax Financial Holdings Limited enterprise (Fairfax).

C&F’s favorable business profile is supported by its significant and expanding presence in the commercial insurance segment, particularly in the accident and health lines of business, which drove the group’s premium growth in 2025. Despite large dividend payouts over the years, the company’s stable and profitable underwriting, coupled with investment income and capital gains, have led to a stable risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), which remains in the very strong range.

As part of the Fairfax group, C&F benefits from capital management services, additional layers of ERM oversight and shared technology development.

The ratings of Monitor Life reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate ERM. The ratings also reflect the financial support and strategic importance to its parent, United States Fire Insurance Company, part of C&F.

The affirmations of the ratings for Monitor Life reflect its strongest level of risk-adjusted capitalization as measured by BCAR, which are partially offset by a modest level of absolute capital and surplus. Net premiums written and earnings are expected to remain relatively modest over the short term as the company continues to build scale. Monitor Life holds certificates of authority to write business in 50 states and the District of Columbia, as well as distributes products through C&F’s national distribution network. C&F coordinates its ERM.

The FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) have been affirmed with stable outlooks for the following members of Crum & Forster Insurance Group:

• Crum & Forster Indemnity Company
• Crum and Forster Insurance Company
• The North River Insurance Company
• United States Fire Insurance Company
• Crum & Forster Specialty Insurance Company
• First Mercury Insurance Company
• American Underwriters Insurance Company
• Seneca Insurance Company, Inc.
• Crum & Forster SPC
• Seneca Specialty Insurance Company
• MTAW Insurance Company

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260827295918/en/

Guilherme Monteiro Simoes, CFA
Senior Financial Analyst
+1 908 882 2317
[email protected]

Brian Virostek
Financial Analyst
+1 908 882 2417
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Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
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Al Slavin
Senior Public Relations Specialist
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Source: AM Best