A comprehensive legal system abuse awareness campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with a Silver Award in the Best Local/Hyperlocal Campaign category of the Bulldog PR Awards. Triple-I recognized the legal system abuse challenges plaguing Georgia and launched a comprehensive campaign in…
Reinsurance
As Blue Whale insures or reinsures Pfizer’ s international employee benefits and global property exposures, among other coverages, it plays a strategic and critical role in Pfizer’ s overall ERM in protecting the Pfizer enterprise’ s assets. Blue Whale provides substantial retentions in coverages for Pfizer, augmented by significant reinsurance capacity.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Company and its affiliates: Princeton Insurance Company; PLICO, Inc.; Wellfleet Insurance Company; and Wellfleet New York Insurance Company; as well as MedPro’ s two reinsured…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Al Ahleia Insurance Company S.A.K.P.. The outlook of these Credit Ratings is stable. The company has reported improved pre-tax profits over the past five years, reaching KWD 29 million in 2025, equivalent to a return-on-equity ratio of 16%.
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of The People’ s Insurance Company of China, Limited. The ratings also reflect the strategic importance of the company to its parent, The People’ s Insurance Company of China Limited. In 2025, PICC HK ranked 8th amongst primary non-life insurers in Hong…
A comprehensive legal system abuse awareness campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with a Silver Award in the Best Local/Hyperlocal Campaign category of the Bulldog PR Awards. Triple-I recognized the legal system abuse challenges plaguing Georgia and launched a comprehensive campaign in…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Hurst Home Insurance Company, Inc.. The Credit Ratings reflect HHIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and…
Louisiana’s property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new members-only Issues Brief published today by the Insurance Information Institute. P/C premium rates fell statewide across all lines combined by an average of 0.4% last year,…
The following information was released by the Insurance Information Institute:. Louisiana's property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new Issues Brief published today by the Insurance Information Institute. Triple-I's analysis of SandP…
The following information was released by the National Association of Women Business Owners:. After spending years helping organizations understand some of the world's biggest risks, from natural disasters to climate change, Donna recognized an opportunity to help businesses prepare before disaster strikes rather than simply recover afterward.
W. R. Berkley Corporation today announced the appointment of Paul J. Stock as president of Carolina Casualty. Commenting on the appointment, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley Corporation, said: "Paul has brought extensive leadership experience and expertise to the business. Founded in 1967, W. R. Berkley Corporation…
Quick links: 5- years of insurer losses/profits| Reader poll: Expensive insurance| Denver plans for 10,000 jobs| Cash App's $1.7 M settlement with state| Aurora job fair. Colorado has adopted new laws and programs to address rising insurance costs and the scarcity of homeowners policies in risky areas. "To address the affordability challenges that we have in the…
The new Best’ s Market Segment Report,“ Market Segment Outlook: Guatemala Insurance,” states that Guatemala is forecast to see GDP growth moderate in 2026, though still supported by private consumption and remittance inflows. However, the outlook is subject to heightened uncertainty given potential impact of the Middle East conflict, continued global trade…
JOHNSTON, R.I.& WHITE PLAINS, N.Y.—- FM, a leading commercial property insurer known for its science- and engineering-led approach to risk management, and PURE Insurance, the reciprocal insurer exclusively serving high-net-worth families across the United States and Canada, today announced a strategic partnership, expanding FM’ s leading loss prevention…
2026 JUL 09– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ THE HARTFORD” by Cedric DeLaCruz The Hartford Financial Services Group, Inc., representing Hartford Fire Insurance Company. The registrar information for this…
PEMBROKE, Bermuda—- Pelagos Insurance Capital Limited, a global specialty insurer and reinsurer, announced today that it expects to release financial results for the second quarter ended June 30, 2026, on August 12, 2026, after the close of the financial markets. These documents will be available via the Investors section of the Company’ s website at…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Farm Bureau Town and Country Insurance Company of Missouri and New Horizons Insurance Company of Missouri. These companies are collectively called Missouri Farm Bureau Group. The Credit Ratings of Missouri…
Arch Insurance North America today announced the expansion of its Transactional Risk Insurance Product capabilities through the launch of a new U.S.- based transactional liability team that complements Arch’s existing worldwide transactional risk business. "Arch has been an active participant in the transactional risk market for more than 15 years…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to China Ping An Insurance Company Limited. The ratings also reflect the support of its affiliated company, Ping An Property& Casualty Insurance Company of China, Ltd.. CPAHK acts as a vital link for Ping An P&C’ s GBA initiatives in Hong Kong/ mainland China cross-border…
