Peyton AI ® today launched an AI-powered triage platform for medical negligence claims, built to help law firms, malpractice insurers and hospital risk teams learn in minutes whether a case merits further investment, a call that typically takes months of record review and an initial expert report. In a validation study of more than 1,000 closed cases, the…
Reinsurance
The following information was released by the American Tort Reform Association:. A new report released today shows New York at the forefront of a disturbing nationwide trend of organized fraud rings allegedly involving law firms, litigation funders, medical providers and others leading companies to respond via the Racketeer Influenced and Corrupt…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Hartland Mutual Insurance Company. The outlook of these Credit Ratings is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.
The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation and MGIC Assurance Corporation. All companies are domiciled in Milwaukee, WI. The outlook of these Credit Ratings is stable. AM Best assess MGIC’ s business profile as limited because the company is focused on U.S. single-family mortgage risk.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Enact Re Ltd.. The outlook of these Credit Ratings is stable. ERL is a Class 3 A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation, the flagship private mortgage insurer within the Enact Holdings, Inc. organization.
Chubb Perú initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and rebranded the company name. As of December 2025, 47% of the company’ s gross written premiums were composed of property/casualty products, with accident and health comprising…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Active Capital Reinsurance, Ltd.. Active Re is a Barbados- based reinsurer established in 2007. The company continues to further diversify its geographic footprint in Asia, America, Europe, Africa and the rest in Oceania, and focuses its underwriting efforts on…
Motor vehicle lawsuits have risen sharply over the past decade, adding to costs that can affect what consumers pay for auto insurance, according to a new analysis from the Insurance Information Institute and the Casualty Actuarial Society. The analysis estimates the increase in motor vehicle tort litigation at $43.84 billion from 2015 to 2024, accounting…
The first three articles in this series made a similar argument three times: Mauritius has the legal framework, and the missing piece is a single pilot. Here, Mauritius already has something running. That is real progress, and it puts Mauritius ahead of most peers discussed elsewhere in this series.
AM Best will be represented by William Mills, senior director, market development, EMEA, and Romeo Berti, senior financial analyst. To view this comprehensive Best’ s Market Segment Report, titled,“ Global Reinsurance at an Inflection Point: Can Discipline Survive the Temptation of Record Capital? Headquartered in the United States, the company does business in…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A.. Solunion is the operating holding company of the Solunion group of companies, a 50- 50 joint venture between the Mapfre group and Allianz Trade. Allianz SE is the ultimate parent of Allianz…
eMaxx today announced that Rob Gronkowski has been named company spokesperson. “eMaxx is a property and casualty provider built for businesses that take risk management seriously,” said Brian K. McCarthy, CEO and President, eMaxx.“ Rob’ s commitment to teamwork reflects the values of Members, and we are proud to welcome him as the Company’ s spokesperson.”.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Abu Dhabi National Insurance Company P.J.S.C.. The company’ s earnings are evenly balanced between underwriting and investing activities and benefit from the company’ s diverse operations both in the UAE and internationally. ADNIC’ s underwriting results for…
International General Insurance Holdings Ltd. today announced that it expects to release financial results for the third quarter and first nine months of 2026, on Tuesday, November 3, 2026, after the close of the U.S. financial markets. The Company will host an investor teleconference, including a question-and-answer period, on Wednesday, November 4, 2026, at…
The U.S. homeowners insurance segment posted a sizable underwriting gain of $16.5 billion in 2025, as it reversed course and avoided an annual loss for the first time in six years, according to a new AM Best report. P/C industry’ s direct incurred loss ratio of 48.4 in the first half of 2026 marks its lowest point in five years. “Insurers have consistently pushed for…
At its Sept. 15 regular meeting, the New Mexico County Reinsurance Inc. board of directors elected Chaves County Attorney Stanton L. Riggs and Grant County Manager Charlene Webb to the board. “We are very pleased to welcome Stan Riggs and Charlene Webb to the NMCRe board of directors. She served 10 years as the first New Mexico County Insurance Authority risk…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of the property/casualty and life/health members of Horace Mann Educators Corporation. The group entered into two separate agreements with Medical Mutual of Ohio to acquire Employee Services, LLC and Reserve National Insurance Company, and to reinsure…
Florida homeowners aren’ t buying it. Most homeowners– Democrats and Republicans alike– say the state’ s vaunted 2022-23 property insurance overhaul has primarily benefited the insurance industry, not the consumers who were promised relief. Those are the key findings of a landmark survey of 1,511 Florida property insurance policyholders by the South Florida…
