news.ambest.com
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66.225.237.174
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Submitted URL: https://news.ambest.com/newscontent.aspx?AltSrc=104&RefNum=253833
Effective URL: https://news.ambest.com/Default.aspx
Submission: On November 08 via api from US — Scanned from DE
Effective URL: https://news.ambest.com/Default.aspx
Submission: On November 08 via api from US — Scanned from DE
Form analysis 3 forms found in the DOM
Name: gsasearch — GET https://search.ambest.com/texis/search/
<form method="get" name="gsasearch" action="https://search.ambest.com/texis/search/" class="navbar-form" role="search">
<div class="input-group input-group-sm"> <input type="hidden" name="pr" value="siteSearch"> <input name="query" type="text" class="form-control input-sm" placeholder="Search ambest.com" maxlength="255" id="searchambsite" aria-label="placeholder"
data-uw-placeholder-aria-label="placeholder" data-uw-rm-form="nfx"> <span class="input-group-btn"> <button class="btn btn-default btn-sm" name="btnG" type="submit" role="button" aria-label="search" data-uw-rm-empty-ctrl=""
data-uw-rm-kbnav="role" tabindex="0"><span class="glyphicons glyphicons-search"></span></button> </span></div>
</form>Name: gsasearch — GET https://search.ambest.com/texis/search/
<form method="get" name="gsasearch" action="https://search.ambest.com/texis/search/" class="navbar-form searchbar" role="search">
<div class="input-group input-group-sm"> <input type="hidden" name="pr" value="siteSearch"> <input name="query" type="text" class="form-control input-sm" placeholder="Search ambest.com" maxlength="255" id="searchambsite"
aria-label="Search ambest.com" data-uw-rm-form="nfx"> <span class="input-group-btn"> <button class="btn btn-light btn-sm" name="btnG" type="submit" role="button" tabindex="0" aria-pressed="false" aria-label="Search" data-uw-rm-form="submit">
<svg xmlns="https://www.w3.org/2000/svg" width="16" height="16" fill="currentColor" class="bi bi-search" viewBox="0 0 16 16">
<path fill-rule="evenodd" d="M10.442 10.442a1 1 0 0 1 1.415 0l3.85 3.85a1 1 0 0 1-1.414 1.415l-3.85-3.85a1 1 0 0 1 0-1.415z"></path>
<path fill-rule="evenodd" d="M6.5 12a5.5 5.5 0 1 0 0-11 5.5 5.5 0 0 0 0 11zM13 6.5a6.5 6.5 0 1 1-13 0 6.5 6.5 0 0 1 13 0z"></path>
</svg> </button> </span></div>
</form>Name: frmNewsContent — POST ./Default.aspx
<form name="frmNewsContent" method="post" action="./Default.aspx" id="frmNewsContent">
<div>
<input type="hidden" name="__EVENTTARGET" id="__EVENTTARGET" value="">
<input type="hidden" name="__EVENTARGUMENT" id="__EVENTARGUMENT" value="">
<input type="hidden" name="__VIEWSTATE" id="__VIEWSTATE"
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<img class="d-block img-fluid" src="https://www.ambest.com/images/bina/HomePage/11_7_2023_3_MarketSeg.jpg" alt="Best’s Market Segment Report: AM Best Revises Outlook on Excess and Surplus Lines Insurance Segment to Positive"
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<strong><a href="newscontent.aspx?refnum=253808&altsrc=114">Best’s Market Segment Report: AM Best Revises Outlook on Excess and Surplus Lines Insurance Segment to Positive</a></strong></h5>
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<p>AM Best is revising its outlook on the excess and surplus lines insurance segment to positive from stable, citing increased business due to declining capacity in commercial lines and some personal lines markets.</p>
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<h5><strong><a href="newscontent.aspx?refnum=253734&altsrc=114">AIG Chief Zaffino: Casualty Lines Hit by Inflation and Competition</a></strong></h5>
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<p>Economic and social inflation are impacting casualty lines in the market, particularly financial lines, as American International Group Inc. moved forward with several divestitures to sharpen its focus on general
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<p>Berkshire Hathaway Inc.’s insurance operations pretax earnings increased more than 15-fold in the third quarter to $5.93 billion from $387 million a year earlier. Its three underwriting segments swung to $2.42 billion in
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<h5><strong><a href="newscontent.aspx?refnum=253738&altsrc=114">Allstate Pursuing Health and Benefits Divestiture; CEO Says Insurer Could Drop Policies in Three States</a></strong></h5>
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<p>Prismic Life Reinsurance Ltd., the new Bermuda-based company formed by Prudential Financial Inc. and Warburg Pincus, is likely to expand beyond its initial focus on life and annuities, Prudential Chairman and Chief
Executive Officer Charles Lowrey said.</p>
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<h5><strong><a href="newscontent.aspx?refnum=253807&altsrc=114">Best's Market Segment Report: Captive Insurer Numbers Set to Grow in Europe as More Jurisdictions Seek to Lure Companies</a></strong></h5>
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<p>There has been an uptick in the number of captive insurers in Europe, as existing domiciles remain popular and other jurisdictions work to attract fresh companies, according to new analysis from AM Best.</p>
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</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory7_rptCategory_ctl02_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(385)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">FRONTING</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategory7_rptCategory_ctl02_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253799&altsrc=175">Fronting Insurer Hadron Launching With $250 Million of Capital to Help Fill Market Voids</a>
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<span id="ucCategory7_rptCategory_ctl02_lblRelDate" class="text-secondary">Nov 03, 2023 03:44 PM (EDT)</span>
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory7_rptCategory_ctl03_lblRowNum">4</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory7_rptCategory_ctl03_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1034)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EARNINGS</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategory7_rptCategory_ctl03_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253754&altsrc=175">Ryan Specialty Net Income Drops 46.4% in Third Quarter on Tax Charges</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<span id="ucCategory7_rptCategory_ctl03_lblRelDate" class="text-secondary">Nov 02, 2023 05:07 PM (EDT)</span>
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<hr role="presentation" data-uw-rm-sr="">
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory7_rptCategory_ctl04_lblRowNum">5</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory7_rptCategory_ctl04_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1034)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EARNINGS</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategory7_rptCategory_ctl04_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253738&altsrc=175">Allstate Pursuing Health and Benefits Divestiture; CEO Says Insurer Could Drop Policies in Three States</a>
</strong>
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<span id="ucCategory7_rptCategory_ctl04_lblRelDate" class="text-secondary">Nov 02, 2023 02:26 PM (EDT)</span>
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<div class="tab-pane news" id="thirty" role="tabpanel" aria-labelledby="thirty">
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory30_rptCategory_ctl00_lblRowNum">1</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory30_rptCategory_ctl00_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategory30_rptCategory_ctl00_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253652&altsrc=176">Insurtech Hippo Lays Off About 20% of Employees at Start of Organizational Realignment</a>
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<span id="ucCategory30_rptCategory_ctl00_lblRelDate" class="text-secondary">Oct 27, 2023 02:17 PM (EDT)</span>
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</div>
<hr role="presentation" data-uw-rm-sr="">
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory30_rptCategory_ctl01_lblRowNum">2</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory30_rptCategory_ctl01_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
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<strong>
<a id="ucCategory30_rptCategory_ctl01_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253587&altsrc=176">Liberty Mutual Laying Off 850, Nearly 2% of US Workforce, as Emerging Risks Rise</a>
</strong>
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<span id="ucCategory30_rptCategory_ctl01_lblRelDate" class="text-secondary">Oct 26, 2023 04:30 PM (EDT)</span>
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory30_rptCategory_ctl02_lblRowNum">3</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory30_rptCategory_ctl02_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategory30_rptCategory_ctl02_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253506&altsrc=176">Texas Insurer Germania Lays Off 7% of Workforce</a>
</strong>
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<span id="ucCategory30_rptCategory_ctl02_lblRelDate" class="text-secondary">Oct 20, 2023 04:31 PM (EDT)</span>
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</div>
<hr role="presentation" data-uw-rm-sr="">
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory30_rptCategory_ctl03_lblRowNum">4</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory30_rptCategory_ctl03_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
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<strong>
<a id="ucCategory30_rptCategory_ctl03_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253420&altsrc=176">Geico CEO: Streamlining Leads to Layoffs for 6% of Workforce as Business Changes, Costs Rise</a>
</strong>
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<span id="ucCategory30_rptCategory_ctl03_lblRelDate" class="text-secondary">Oct 19, 2023 02:00 PM (EDT)</span>
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</div>
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategory30_rptCategory_ctl04_lblRowNum">5</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategory30_rptCategory_ctl04_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategory30_rptCategory_ctl04_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253323&altsrc=176">Allstate Layoffs in Northern Ireland Technology Center Follow Work Process Changes</a>
</strong>
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<span id="ucCategory30_rptCategory_ctl04_lblRelDate" class="text-secondary">Oct 16, 2023 04:39 PM (EDT)</span>
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<a id="ucCategoryCustom_rptCategory_ctl00_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
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<strong>
<a id="ucCategoryCustom_rptCategory_ctl00_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253587&altsrc=177">Liberty Mutual Laying Off 850, Nearly 2% of US Workforce, as Emerging Risks Rise</a>
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<span id="ucCategoryCustom_rptCategory_ctl00_lblRelDate" class="text-secondary">Oct 26, 2023 04:30 PM (EDT)</span>
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategoryCustom_rptCategory_ctl01_lblRowNum">2</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategoryCustom_rptCategory_ctl01_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategoryCustom_rptCategory_ctl01_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253420&altsrc=177">Geico CEO: Streamlining Leads to Layoffs for 6% of Workforce as Business Changes, Costs Rise</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<span id="ucCategoryCustom_rptCategory_ctl01_lblRelDate" class="text-secondary">Oct 19, 2023 02:00 PM (EDT)</span>
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<hr role="presentation" data-uw-rm-sr="">
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategoryCustom_rptCategory_ctl02_lblRowNum">3</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategoryCustom_rptCategory_ctl02_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(297)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EMPLOYEE TERMINATION</a>
</strong>
<br role="presentation" data-uw-rm-sr="">
<strong>
<a id="ucCategoryCustom_rptCategory_ctl02_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=253323&altsrc=177">Allstate Layoffs in Northern Ireland Technology Center Follow Work Process Changes</a>
</strong>
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<span id="ucCategoryCustom_rptCategory_ctl02_lblRelDate" class="text-secondary">Oct 16, 2023 04:39 PM (EDT)</span>
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</div>
<hr role="presentation" data-uw-rm-sr="">
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategoryCustom_rptCategory_ctl03_lblRowNum">4</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategoryCustom_rptCategory_ctl03_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1059)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">SPECIAL REPORT</a>
</strong>
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<strong>
<a id="ucCategoryCustom_rptCategory_ctl03_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=252500&altsrc=177">Best’s Special Report: U.S. Property/Casualty Industry Records $24.5 Billion Underwriting Loss in the First Half of 2023</a>
</strong>
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<span id="ucCategoryCustom_rptCategory_ctl03_lblRelDate" class="text-secondary">Sep 11, 2023 12:38 PM (EDT)</span>
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</div>
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<div class="col-md-1 col-sm-2 col-xs-12" style="font-size:3em;line-height:1em;">
<span id="ucCategoryCustom_rptCategory_ctl04_lblRowNum">5</span>
</div>
<div class="col-md-11 col-sm-10 col-xs-12">
<strong>
<a id="ucCategoryCustom_rptCategory_ctl04_hyplnkCategory" class="small text-primary" href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1034)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)">EARNINGS</a>
</strong>
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<strong>
<a id="ucCategoryCustom_rptCategory_ctl04_hyplnkStory" href="https://news.ambest.com/newscontent.aspx?refnum=231503&altsrc=177">Centene CEO: Company Will Lay Off 3,000 Employees, Not Fill 1,500 Vacant Jobs</a>
</strong>
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<span id="ucCategoryCustom_rptCategory_ctl04_lblRelDate" class="text-secondary">Feb 09, 2021 12:46 PM (EST)</span>
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<a href="TrackLnks.aspx?URatingID=0&srcid=110&srvid=632&src=Webinars&rc=337490 " target="_blank" aria-label="How Insurers Are Controlling Expert Costs in Construction Defect Claims - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/tracklnks.aspx?uratingid=0&srcid=110&srvid=632&src=webinars&rc=337490$howinsurersarecontrollingexpertcostsinconstructiondefectclaims">How Insurers Are Controlling Expert Costs in Construction Defect Claims</a>
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<small>Oct 03, 2023</small>
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<small>Sep 14, 2023</small>
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<h2 class="news"><a alt="Property/Casualty (Non-Life)" href="https://search.ambest.com/texis/search/?pr=BINA&query=&order=dd&infq=displayurl!=%20&infq=src(9)&infq=tpc(42)">Property/Casualty (Non-Life)</a></h2>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(134)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">CALIFORNIA</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253850&altsrc=23">Farmers Direct to Discontinue Auto and Homeowners Policies in California</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 04:04 PM (EST)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(329)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">PEOPLE IN INSURANCE</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253826&altsrc=23">Argenta Syndicate Promotes Leader as Newly Created Energy Transition Technology Underwriter</a><strong> <br role="presentation" data-uw-rm-sr="">
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<strong><a href="newscontent.aspx?refnum=253827&altsrc=23">Former AIG Exec Launches MGA OneBefore</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 11:05 AM (EST)</small>
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<strong><a href="newscontent.aspx?refnum=253849&altsrc=23">Insurers Paid $676.3 Million in Residential Claims From Maui Fires Through Sept. 30</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 03:41 PM (EST)</small>
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<strong><a href="newscontent.aspx?refnum=253831&altsrc=23">CNO Financial CFO: New Bermuda Entity on Track to Reinsure $6.2 Billion in Annuities</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 02:03 PM (EST)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1034)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">EARNINGS</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253801&altsrc=23">RGA Chief Executive: Growth Boosted by Asia, Higher Interest Rates</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 03, 2023 03:50 PM (EDT)</small>
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<strong><a href="newscontent.aspx?refnum=253795&altsrc=23">CEO: Corebridge Financial Nearing Goal of Shedding All Non-US Business</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 03, 2023 02:55 PM (EDT)</small>
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<strong><a href="newscontent.aspx?refnum=253778&altsrc=23">AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its Subsidiaries</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 03, 2023 11:54 AM (EDT)</small>
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<strong><a href="newscontent.aspx?refnum=253807&altsrc=23">Best's Market Segment Report: Captive Insurer Numbers Set to Grow in Europe as More Jurisdictions Seek to Lure Companies</a><strong> <br role="presentation"
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<small class="text-secondary">Nov 06, 2023 07:57 AM (EST)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(348)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">FEDERAL REGULATION</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253804&altsrc=23">FIO Looking to Advance Climate Data Call Opposed by Insurers</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 03, 2023 04:47 PM (EDT)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1256)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">PROPERTY AND CASUALTY INSURERS</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253797&altsrc=23">Update: Senate Budget Committee Wants Answers From Insurers on Climate Plans</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 03, 2023 03:19 PM (EDT)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1059)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">SPECIAL REPORT</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253756&altsrc=23">Best’s Special Report: Best’s Impairment Rate and Rating Transition Study — 1977 to 2022</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 03, 2023 08:01 AM (EDT)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1304)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">HOMEOWNERS INSURANCE</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253851&altsrc=23">HCI Group Credits Florida Legal Reforms for Return to Profit in Third Quarter</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 05:15 PM (EST)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1034)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">EARNINGS</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253831&altsrc=23">CNO Financial CFO: New Bermuda Entity on Track to Reinsure $6.2 Billion in Annuities</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 02:03 PM (EST)</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(1034)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">EARNINGS</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253823&altsrc=23">Beazley CEO Sees US Cyber Softening; ‘Flailing Insurtechs’ Hit Digital Segment</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 07, 2023 10:48 AM (EST)</small>
</strong></strong>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(329)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(9)" class="text-primary">PEOPLE IN INSURANCE</a></strong></small><br
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<strong><a href="newscontent.aspx?refnum=253816&altsrc=23">Guy Carpenter Appoints North America Structured Credit Leader</a><strong> <br role="presentation" data-uw-rm-sr="">
<small class="text-secondary">Nov 06, 2023 04:03 PM (EST)</small>
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<h6 class="pt-2" data-uw-rm-heading="level" role="heading" aria-level="3">AM Best's Collection of podcasts focus on a wide variety of subjects related to the insurance industry.</h6>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(67)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(7)" class="text-primary" target="_blank" aria-label="ARTIFICIAL INTELLIGENCE - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://search.ambest.com/texis/search/?pr=bina&infq=stc(67)&site=news&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(7)$artificialintelligence">ARTIFICIAL INTELLIGENCE</a></strong></small><br
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<strong><a href="articlecontent.aspx?refnum=336801&altsrc=17" target="_blank" aria-label="How AI Is Remaking Insurance Organizations - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/articlecontent.aspx?refnum=336801&altsrc=17$howaiisremakinginsuranceorganizations">How AI Is Remaking Insurance Organizations</a></strong>
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<small class="text-secondary">Nov 01, 2023</small>
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<small><strong><a href="https://search.ambest.com/texis/search/?pr=BINA&infq=stc(67)&site=News&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(7)" class="text-primary" target="_blank" aria-label="ARTIFICIAL INTELLIGENCE - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://search.ambest.com/texis/search/?pr=bina&infq=stc(67)&site=news&client=bina&proxystylesheet=bina&output=xml_no_dtd&proxyreload=1&getfields=*&filter=0&infq=src(7)$artificialintelligence">ARTIFICIAL INTELLIGENCE</a></strong></small><br
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<strong><a href="articlecontent.aspx?refnum=336802&altsrc=17" target="_blank" aria-label="How AI Is Remaking the Insurance Workforce - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/articlecontent.aspx?refnum=336802&altsrc=17$howaiisremakingtheinsuranceworkforce">How AI Is Remaking the Insurance Workforce</a></strong>
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<small class="text-secondary">Nov 01, 2023</small>
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<strong><a href="articlecontent.aspx?refnum=336803&altsrc=17" target="_blank" aria-label="What the AI Revolution Means for Insurance Prospects, Policyholders and Regulators - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/articlecontent.aspx?refnum=336803&altsrc=17$whattheairevolutionmeansforinsuranceprospects,policyholdersandregulators">What the AI Revolution Means for Insurance Prospects, Policyholders and Regulators</a></strong>
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<small class="text-secondary">Nov 01, 2023</small>
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<strong><a href="articlecontent.aspx?refnum=336805&altsrc=17" target="_blank" aria-label="Sprouting From Chaos: Opportunity Brings New Insurers to Florida - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/articlecontent.aspx?refnum=336805&altsrc=17$sproutingfromchaos:opportunitybringsnewinsurerstoflorida">Sprouting From Chaos: Opportunity Brings New Insurers to Florida</a></strong>
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<small class="text-secondary">Nov 01, 2023</small>
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<!--------------------------------------------CATEGORY SECTION-------------------------------------------->
<!--------------------------------------------CALENDAR SECTION------------------------------------------->
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<a href="TrackLnks.aspx?URatingID=0&srcid=110&srvid=631&src=Calendars&cid=652d80f76041da00282f96cc" target="_blank" aria-label="VC in Insurance - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/tracklnks.aspx?uratingid=0&srcid=110&srvid=631&src=calendars&cid=652d80f76041da00282f96cc$vcininsurance">VC in Insurance</a>
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<a href="TrackLnks.aspx?URatingID=0&srcid=110&srvid=631&src=Calendars&cid=64baa71c2ec08b0029e05038" target="_blank" aria-label="IAIS Annual Conference - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/tracklnks.aspx?uratingid=0&srcid=110&srvid=631&src=calendars&cid=64baa71c2ec08b0029e05038$iaisannualconference">IAIS Annual Conference</a>
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<h4><strong class="text-primary">Nov. 09 </strong></h4>
<h6 data-uw-rm-heading="level" role="heading" aria-level="5">
<a href="TrackLnks.aspx?URatingID=0&srcid=110&srvid=631&src=Calendars&cid=64bad485ab9a05002abfab3b" target="_blank" aria-label="PwC Insurance Summit 2023 - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/tracklnks.aspx?uratingid=0&srcid=110&srvid=631&src=calendars&cid=64bad485ab9a05002abfab3b$pwcinsurancesummit2023">PwC Insurance Summit 2023</a>
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<small><strong>WEBINAR</strong></small><br role="presentation" data-uw-rm-sr=""> BDA
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<h4><strong class="text-primary">Nov. 09 </strong></h4>
<h6 data-uw-rm-heading="level" role="heading" aria-level="5">
<a href="TrackLnks.aspx?URatingID=0&srcid=110&srvid=631&src=Calendars&cid=652d81595449020028cc2967" target="_blank" aria-label="Demo Day - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/tracklnks.aspx?uratingid=0&srcid=110&srvid=631&src=calendars&cid=652d81595449020028cc2967$demoday">Demo Day</a>
</h6>
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<small><strong>WEBINAR</strong></small><br role="presentation" data-uw-rm-sr=""> InsurTech NY
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<p class="news">
<strong><a href="https://bestsreview.ambest.com/calendar/index.html" target="_blank" aria-label="More Best's Calendar events - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://bestsreview.ambest.com/calendar/index.html$morebest'scalendarevents"><span class="glyphicons glyphicons-chevron-right x05"></span> More Best's Calendar events</a></strong>
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<!--------------------------------------------CALENDAR SECTION------------------------------------------->
<!--------------------------------------------BEST'S GUIDE SECTION-------------------------------------------->
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<h3>Best's Guide to Understanding the Insurance Industry</h3>
<p>An overview for those working with and in one of the world's most interesting and vital industries</p>
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<strong><a href="TrackLnks.aspx?URatingID=0&srcid=110&srvid=634&src=Guide Text" target="_blank" aria-label="Read Best’s Guide to Understanding the Insurance Industry - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://news.ambest.com/tracklnks.aspx?uratingid=0&srcid=110&srvid=634&src=guide%20text$readbest’sguidetounderstandingtheinsuranceindustry"><span class="glyphicons glyphicons-chevron-right x05"></span> Read Best’s Guide to Understanding the Insurance Industry</a></strong>
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BEST’S NEWS | INSURANCE INDUSTRY HEADLINES FROM AM BEST
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November 08, 2023
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BEST’S MARKET SEGMENT REPORT: AM BEST REVISES OUTLOOK ON EXCESS AND SURPLUS
LINES INSURANCE SEGMENT TO POSITIVE
Nov 06, 2023 10:04 AM (EST)
AM Best is revising its outlook on the excess and surplus lines insurance
segment to positive from stable, citing increased business due to declining
capacity in commercial lines and some personal lines markets.
EARNINGS
AIG CHIEF ZAFFINO: CASUALTY LINES HIT BY INFLATION AND COMPETITION
Nov 02, 2023 12:32 PM (EDT)
Economic and social inflation are impacting casualty lines in the market,
particularly financial lines, as American International Group Inc. moved forward
with several divestitures to sharpen its focus on general insurance.
EARNINGS
BERKSHIRE HATHAWAY INSURANCE OPERATIONS 3Q PRETAX UNDERWRITING EARNINGS JUMP TO
$5.93 BILLION
Nov 05, 2023 04:09 PM (EST)
Berkshire Hathaway Inc.’s insurance operations pretax earnings increased more
than 15-fold in the third quarter to $5.93 billion from $387 million a year
earlier. Its three underwriting segments swung to $2.42 billion in
EARNINGS
ALLSTATE PURSUING HEALTH AND BENEFITS DIVESTITURE; CEO SAYS INSURER COULD DROP
POLICIES IN THREE STATES
Nov 02, 2023 02:26 PM (EDT)
Allstate Corp. is pursuing the sale of health and benefits businesses that
generated $240 million of adjusted net income over the past year rather than
invest in more complementary distribution and a broader set of products.
EARNINGS
PRUDENTIAL CEO: NEW REINSURER PRISMIC COULD EXPAND BEYOND INITIAL SCOPE
Nov 02, 2023 02:38 PM (EDT)
Prismic Life Reinsurance Ltd., the new Bermuda-based company formed by
Prudential Financial Inc. and Warburg Pincus, is likely to expand beyond its
initial focus on life and annuities, Prudential Chairman and Chief Executive
Officer Charles Lowrey said.
SPECIAL REPORT
BEST'S MARKET SEGMENT REPORT: CAPTIVE INSURER NUMBERS SET TO GROW IN EUROPE AS
MORE JURISDICTIONS SEEK TO LURE COMPANIES
Nov 06, 2023 07:57 AM (EST)
There has been an uptick in the number of captive insurers in Europe, as
existing domiciles remain popular and other jurisdictions work to attract fresh
companies, according to new analysis from AM Best.
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HOMEOWNERS INSURANCE
HCI Group Credits Florida Legal Reforms for Return to Profit in Third Quarter
Nov 07, 2023 05:15 PM (EST)
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CALIFORNIA
Farmers Direct to Discontinue Auto and Homeowners Policies in California
Nov 07, 2023 04:04 PM (EST)
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HAWAII
Insurers Paid $676.3 Million in Residential Claims From Maui Fires Through Sept.
30
Nov 07, 2023 03:41 PM (EST)
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PEOPLE IN INSURANCE
Applied Underwriters Launches United Risk, Names Former SiriusPoint, ThirdPoint
Re Exec as CEO
Nov 07, 2023 03:31 PM (EST)
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BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Positive for Members of IFG Companies
Nov 07, 2023 02:51 PM (EST)
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CALIFORNIA
Farmers Direct to Discontinue Auto and Homeowners Policies in California
Nov 07, 2023 04:04 PM (EST)
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2
PEOPLE IN INSURANCE
Former AIG Exec Launches MGA OneBefore
Nov 07, 2023 11:05 AM (EST)
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3
LITIGATION
SCOTUS to Hear Appeal From NRA Over Warning to Insurers
Nov 06, 2023 03:27 PM (EST)
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4
STOCKS
AIG Launches $1.03 Billion Secondary Corebridge Share Offering
Nov 06, 2023 10:55 AM (EST)
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5
SPECIAL REPORT
Best’s Market Segment Report: AM Best Revises Outlook on Excess and Surplus
Lines Insurance Segment to Positive
Nov 06, 2023 10:04 AM (EST)
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1
EARNINGS
Berkshire Hathaway Insurance Operations 3Q Pretax Underwriting Earnings Jump to
$5.93 Billion
Nov 05, 2023 04:09 PM (EST)
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2
EARNINGS
RGA Chief Executive: Growth Boosted by Asia, Higher Interest Rates
Nov 03, 2023 03:50 PM (EDT)
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3
FRONTING
Fronting Insurer Hadron Launching With $250 Million of Capital to Help Fill
Market Voids
Nov 03, 2023 03:44 PM (EDT)
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4
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Ryan Specialty Net Income Drops 46.4% in Third Quarter on Tax Charges
Nov 02, 2023 05:07 PM (EDT)
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5
EARNINGS
Allstate Pursuing Health and Benefits Divestiture; CEO Says Insurer Could Drop
Policies in Three States
Nov 02, 2023 02:26 PM (EDT)
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1
EMPLOYEE TERMINATION
Insurtech Hippo Lays Off About 20% of Employees at Start of Organizational
Realignment
Oct 27, 2023 02:17 PM (EDT)
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2
EMPLOYEE TERMINATION
Liberty Mutual Laying Off 850, Nearly 2% of US Workforce, as Emerging Risks Rise
Oct 26, 2023 04:30 PM (EDT)
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3
EMPLOYEE TERMINATION
Texas Insurer Germania Lays Off 7% of Workforce
Oct 20, 2023 04:31 PM (EDT)
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4
EMPLOYEE TERMINATION
Geico CEO: Streamlining Leads to Layoffs for 6% of Workforce as Business
Changes, Costs Rise
Oct 19, 2023 02:00 PM (EDT)
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5
EMPLOYEE TERMINATION
Allstate Layoffs in Northern Ireland Technology Center Follow Work Process
Changes
Oct 16, 2023 04:39 PM (EDT)
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Date From: To
1
EMPLOYEE TERMINATION
Liberty Mutual Laying Off 850, Nearly 2% of US Workforce, as Emerging Risks Rise
Oct 26, 2023 04:30 PM (EDT)
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2
EMPLOYEE TERMINATION
Geico CEO: Streamlining Leads to Layoffs for 6% of Workforce as Business
Changes, Costs Rise
Oct 19, 2023 02:00 PM (EDT)
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3
EMPLOYEE TERMINATION
Allstate Layoffs in Northern Ireland Technology Center Follow Work Process
Changes
Oct 16, 2023 04:39 PM (EDT)
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4
SPECIAL REPORT
Best’s Special Report: U.S. Property/Casualty Industry Records $24.5 Billion
Underwriting Loss in the First Half of 2023
Sep 11, 2023 12:38 PM (EDT)
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5
EARNINGS
Centene CEO: Company Will Lay Off 3,000 Employees, Not Fill 1,500 Vacant Jobs
Feb 09, 2021 12:46 PM (EST)
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PROPERTY/CASUALTY (NON-LIFE)
CALIFORNIA
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Nov 07, 2023 10:58 AM (EST) PEOPLE IN INSURANCE
Former AIG Exec Launches MGA OneBefore
Nov 07, 2023 11:05 AM (EST) HAWAII
Insurers Paid $676.3 Million in Residential Claims From Maui Fires Through Sept.
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Nov 07, 2023 03:41 PM (EST)
LIFE/ANNUITY
EARNINGS
CNO Financial CFO: New Bermuda Entity on Track to Reinsure $6.2 Billion in
Annuities
Nov 07, 2023 02:03 PM (EST) EARNINGS
RGA Chief Executive: Growth Boosted by Asia, Higher Interest Rates
Nov 03, 2023 03:50 PM (EDT) EARNINGS
CEO: Corebridge Financial Nearing Goal of Shedding All Non-US Business
Nov 03, 2023 02:55 PM (EDT) BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its
Subsidiaries
Nov 03, 2023 11:54 AM (EDT)
REGULATION
SPECIAL REPORT
Best's Market Segment Report: Captive Insurer Numbers Set to Grow in Europe as
More Jurisdictions Seek to Lure Companies
Nov 06, 2023 07:57 AM (EST) FEDERAL REGULATION
FIO Looking to Advance Climate Data Call Opposed by Insurers
Nov 03, 2023 04:47 PM (EDT) PROPERTY AND CASUALTY INSURERS
Update: Senate Budget Committee Wants Answers From Insurers on Climate Plans
Nov 03, 2023 03:19 PM (EDT) SPECIAL REPORT
Best’s Special Report: Best’s Impairment Rate and Rating Transition Study — 1977
to 2022
Nov 03, 2023 08:01 AM (EDT)
REINSURANCE
HOMEOWNERS INSURANCE
HCI Group Credits Florida Legal Reforms for Return to Profit in Third Quarter
Nov 07, 2023 05:15 PM (EST) EARNINGS
CNO Financial CFO: New Bermuda Entity on Track to Reinsure $6.2 Billion in
Annuities
Nov 07, 2023 02:03 PM (EST) EARNINGS
Beazley CEO Sees US Cyber Softening; ‘Flailing Insurtechs’ Hit Digital Segment
Nov 07, 2023 10:48 AM (EST) PEOPLE IN INSURANCE
Guy Carpenter Appoints North America Structured Credit Leader
Nov 06, 2023 04:03 PM (EST)
AM BEST'S COLLECTION OF PODCASTS FOCUS ON A WIDE VARIETY OF SUBJECTS RELATED TO
THE INSURANCE INDUSTRY.
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Nov 06, 2023
WSIA’s Kelley: Surplus Lines Sector, Marketplace Conference Continue to Set
Records
Nov 03, 2023
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