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FLORIDA PREMIUMS DROP AMID POST-REFORM STABILITY, NEW TRIPLE-I INSURANCE BRIEF SHOWS

13 hours ago Reinsurance No comments.

The following information was released by the Insurance Information Institute:. MALVERN, Pa., April 1, 2026 Legislative reforms targeting legal system abuse and claim fraud in Florida have continued to help stabilize the Sunshine State's property/casualty insurance market, contributing to rate-filing reductions by dozens of property and auto insurers…

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AM Best Affirms Credit Ratings of Fidelity & Guaranty Life Holdings, Inc. and Its Life/Health Subsidiaries

14 hours ago

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Fidelity& Guaranty Life Insurance Company and Fidelity& Guaranty Life Insurance Company of New York. These subsidiaries of Fidelity& Guaranty Life Holdings, Inc., are referred to collectively as Fidelity& Guaranty Life Group. In addition, FGL has financial…

Triple-I Launches Legal System Abuse Awareness Campaign in Missouri

15 hours ago

The Insurance Information Institute recently launched a comprehensive awareness campaign in Missouri, highlighting the devastating impacts of legal system abuse on the state’ s consumers and overall economy. Triple-I’s billboard highlights that legal system abuse drives high insurance premiums. “As we continue to be inundated across the U.S. by the likes…

AM Best Assigns Credit Ratings to Aseguradores Argentinos Compania de Reaseguros S.A.

16 hours ago

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to Aseguradores Argentinos Compania de Reaseguros S.A.. ACR is a reinsurance company founded in 2012 in Buenos Aires, Argentina, and ranks among the country’ s top reinsurance companies based on gross premiums market share. As of June 2025, property/casualty…

TRIPLE-I LAUNCHES LEGAL SYSTEM ABUSE AWARENESS CAMPAIGN IN MISSOURI

March 31, 2026

The Insurance Information Institute recently launched a comprehensive awareness campaign in Missouri, highlighting the devastating impacts of legal system abuse on the state's consumers and overall economy. "As we continue to be inundated across the U.S. by the likes of billboard attorneys preying on vulnerable Americans and increasing insurance costs…

Club Vita Announces Key Promotions to Strengthen North American Leadership

March 30, 2026

In Canada, Shantel Aris has been promoted to Head of Longevity Analysis and Client Engagement, North America. In this expanded role, Shantel will guide the development of longevity analysis programs while enhancing engagement with insurance clients across Canada and the broader North American market. Katherine Pelletier has been named Head of Pensions and…

Odyssey Group Unveils Refreshed Brand Identity, Aligning Subsidiary Companies

March 30, 2026

Odyssey Group Holdings, Inc. today announced a refreshed brand identity that aligns its Hudson and Newline brands with OdysseyRe and Odyssey Group. The Group’ s subsidiary brands of Hudson Insurance Group and Newline Group have adopted the iconic wave symbol which has been synonymous with the Odyssey brand since it was established in 1996.

The home insurance crisis could use a public assist

March 29, 2026

And contra Ronald Reagan, in this case there's reason to think the government truly can help. To address soaring insurance premiums and coverage gaps in an age of worsening climate-fueled disasters, the Brookings Institution has proposed creating a federal reinsurance company to cover U.S. home insurers. It would be, as proposal co-author Benjamin Keys of the…

California insurance commissioner candidates vow reform, fixes for FAIR Plan

March 28, 2026

Top contenders in the state insurance commissioner "s race squared off Friday, March 27 at a Pacific Palisades forum where they discussed wildfire risks and how they would reel in soaring premiums for homeowners in the aftermath of devastating California wildfires. The forum, sponsored by the Palisades Recovery Coalition, invited a narrow field of…

AM Best Affirms Credit Ratings of Allianz México, S.A., Compañía de Seguros

March 27, 2026

AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of“ aa”, and the Mexico National Scale Rating of“ aaa.MX” of Allianz México, S.A., Compañía de Seguros. It is focused solely on Mexico’ s market, and its insurance portfolio, as of September 2025, was composed of life, P/C and accident and health. Allianz Mexico forms part of the…

AM Best Affirms Credit Ratings of Allianz Global Corporate & Specialty Resseguros Brasil S.A.

March 27, 2026

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa” of Allianz Global Corporate& Specialty Resseguros Brasil S.A.. The outlook of these Credit Ratings is stable. The ratings reflect AGCS Re Brazil’ s strategic importance as a subsidiary of Allianz SE, which on a consolidated basis has a balance sheet strength that…

AM Best Upgrades Credit Ratings of Ocean International Reinsurance Company Limited

March 26, 2026

AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a”“ a-” of Ocean International Reinsurance Company Limited. Ocean Re is a Barbados- based reinsurer, licensed as a Class 2 insurance company, which offers a diversified product mix worldwide with a relevant presence in Latin America. Ocean Re’ s regional…

FISHLINGER SHARES KEYS TO SUSTAINED SUCCESS IN BUSINESS AT DEAN'S DISTINGUISHED SPEAKER SERIES EVENT

March 26, 2026

Fishlinger, Chief Executive Officer and Chairman of Gramercy Risk Holdings, spoke extensively about the hurdles he encountered and the knowledge he gained along the way to becoming a transformational figure in public-sector risk financing during the latest Dean's Distinguished Speaker Series event on Wednesday, March 11, 2026, at the University of…

AM Best Affirms Credit Ratings of Nan Shan General Insurance Co., Ltd.

March 26, 2026

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Nan Shan General Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Nan Shan General’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and…

ShoreOne Insurance Managers, Inc. ("ShoreOne") Has Been Acquired by Totalis Program Underwriters ("Totalis")

March 26, 2026

ShoreOne Insurance Managers, Inc. has been acquired by Totalis Program Underwriters. Founded by Cameron Rhodes and Nick Steffey, ShoreOne will continue to operate as an independent business unit within Totalis and Cameron Rhodes will succeed Nick Steffey as chief executive officer. Founded by Cameron Rhodes and Nick Steffey, ShoreOne offers a…

Everest Appoints Jason Busti as Head of North America Treaty Reinsurance

March 25, 2026

Everest Group, Ltd., a global specialty reinsurance and insurance leader, today announced the appointment of Jason Busti as Head of North America Treaty Reinsurance to lead the division’ s treaty reinsurance business across the United States, Bermuda, and Canada. “Jason is a highly respected leader with a deep understanding of the North American reinsurance…

Scott Machut Joins Alliant Insurance Services’ Value-Based Healthcare and Risk Management Solutions Team

March 25, 2026

Scott Machut has joined Alliant Insurance Services as Senior Vice President with the Value-Based Healthcare and Risk Management Solutions team within its Employee Benefits Group, where he will focus on strategic growth. “Scott will play an active role in expanding our value proposition for the healthcare delivery market through analytics-driven risk…

Best’s Commentary: Proposed Risk-Based Capital Change in Hong Kong Could Bolster Market’s Global Standing

March 24, 2026

Proposed changes in how the Hong Kong Insurance Authority evaluates non-life insurers’ required capital levels around natural catastrophes and man-made risks, as well as offshore reinsurance business, could bolster this geographic market’ s position as a global reinsurance and risk management hub, according to a new AM Best report. The proposed…

How A British Overseas Territory Became The Largest Holder Of U.S. Debt – Analysis

March 24, 2026

The Cayman Islands sits at the heart of a network of British financial jurisdictions. The Cayman Islands has emerged as an unlikely place to fill the gap. But a 2025 Federal Reserve analysis revealed that the total figure was actually closer to $1.4 trillion by the end of 2024— with some estimates reaching as high as $1.85 trillion— after nearly 40 percent of new…

RANKING MEMBER SHAHEEN PRESSES DFC CEO FOR ANSWERS ON RISKS TO TAXPAYER AND POTENTIAL BENEFITS TO CHINA FROM $20 BILLION STRAIT OF HORMUZ MARITIME INSURANCE PROPOSAL

March 23, 2026

Today, U.S. Senators Jeanne Shaheen, Ranking Member of the Senate Foreign Relations Committee, sent a letter to the CEO of the U.S. International Development Finance Corporation, Benjamin Black, raising serious concerns about the Administration's reported plan to provide up to $20 billion in taxpayer-funded political risk reinsurance for maritime trade…

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