AM BEST BRIEFINGS
May 29, 2025 10:47 AM (EDT)
Florida's property insurance market has seen underwriting improvement since the state adopted tort reforms in 2022 as insurers showed a renewed interest in doing business in the state despite ongoing hurricane losses.
SPECIAL REPORT
May 23, 2025 08:37 AM (EDT)
AM Best has maintained its stable outlook on Spain’s non-life insurance segment according to its new Best’s Market Segment Report, “Market Segment Outlook: Spain Non-Life Insurance.”
EARNINGS
May 02, 2025 12:07 PM (EDT)
Tariff uncertainty may affect the insurance industry through supply chain disruption depending on how long the tariffs last, said American International Group Inc.'s chief executive officer.
May 19, 2025 11:59 AM (EDT)
Despite declining premium volume and challenging underwriting conditions, insurers providing U.S. directors and officers liability coverage had their most favorable loss experience in more than a decade in 2024, according to a new Best's Market Segment Report.
COMMERCIAL LINES
May 30, 2025 03:04 PM (EDT)
Underwriters and brokers are devoting resources to the North American commercial middle market, citing the market's growth trajectory and positive results compared with large account business.
MERGERS AND ACQUISITIONS
May 27, 2025 05:28 PM (EDT)
Travelers Cos. Inc. is selling its personal insurance business and most of its commercial insurance business of Travelers Canada to Definity Financial Corp. for $2.4 billion.
PEOPLE IN INSURANCE
May 20, 2025 12:19 PM (EDT)
Glenn Renwick, former chief executive officer and chairman of the board at Progressive Corp., has died at age 69 following a car accident in Florida. Born in Dunedin, New Zealand, Renwick attended the University of Canter
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