Insurance Level News and Press

AM Best Rating Acitivity and News

AM Best Revises Outlooks to Positive for Federated Underwriting Company
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Federated ...
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Source: BestWire

AM Best Affirms Credit Ratings of PartnerRe Ltd. and Its Operating Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the operating subsidiaries of PartnerRe Ltd. ...
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Source: BestWire

AM Best: Surplus Lines Market Premium Moderates Through Nine Months of 2025
AM Best Associate Director David Blades discusses a new Best's Special Report finding excess and surplus insurance premium growth increased by 9.7% through the third quarter of 2025, down from 13.5% ...
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Source: BestWire

AM Best Affirms Credit Ratings of Covéa Coopérations
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Covéa Coopérations (France), the intermediate operating holding ...
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Source: BestWire

AM Best Affirms Credit Ratings of SCOR SE and Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of SCOR SE (SCOR) (France) and its main rated ...
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Source: BestWire

AM Best Affirms Credit Ratings of Members of Aegon Ltd.’s U.S. Subsidiaries
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the U.S. life/health (L/H) subsidiaries of Aegon Ltd. (Bermuda) ...
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Source: BestWire

AM Best Revises Issuer Credit Rating Outlook to Positive for Atlantic Re
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of ...
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Source: BestWire

Ryan Specialty Fourth-Quarter Net Falls 42%; Restructuring Starting to Streamline Operations
Ryan Specialty Holdings Inc. said fourth-quarter attributable net income fell 42% to $8 million, knocked down by higher operating expenses and net interest expenses that were partially offset by ...
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Source: BestWire

Three American Financial Units Approved to Expand Workers' Comp to Pennsylvania, Delaware
American Financial Group Inc. subsidiaries Bridgefield Casualty Insurance Co., Bridgefield Employers Insurance Co. and Bridgefield Indemnity Insurance Co. are expanding workers' compensation coverage ...
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Source: BestWire

Lincoln Financial Fourth-Quarter Net Income Falls
Lincoln Financial Group reported net income available to shareholders fell to $745 million in the fourth quarter from $1.68 billion in the prior year as revenues decreased and pretax investment ...
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Source: BestWire

Marsh Promotes Leader to President, Marsh Risk Canada
Marsh has promoted Michael Lewis to succeed Sarah Robson as president, Marsh Risk Canada, effective April 1. Robson will continue to serve as Marsh Canada chief executive officer. Lewis will ...
Date:
Source: BestWire

Mapfre 2025 Profit Rises on Higher Premiums, Lower Losses in Multiple Regions
Mapfre SA's full-year net result rose to €1.08 billion ($1.28 billion) from €901.6 million the previous year, helped by benign losses in the second half and earlier actions to improve the combined ...
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Source: BestWire

Liberty Mutual Names President of Global Risk Solutions
Liberty Mutual Insurance has named Matthew Moore to succeed Neeti Bhalla Johnson as president of global risk solutions, effective March 6. Bhalla Johnson is leaving the company to pursue new ...
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Source: BestWire

Chubb Appoints Head of Underwriting Center, Continental Europe, Middle East and Africa
Chubb has appointed José Ramón Morales as head of the underwriting center, Continental Europe, Middle East and North Africa and regional executive officer, Spain, Portugal, Italy, effective April ...
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Source: BestWire

LIMRA: US Retail Annuity Sales Hit Fourth Year of Record Sales in 2025 at More Than $460 Million
Total U.S. annuity sales increased 6% to $461.3 billion in 2025, a fourth year of record sales for the products as registered index-linked annuities posted records in the fourth quarter and full ...
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Source: BestWire

AM Best Affirms Credit Ratings of Liva Insurance B.S.C. (c) and Liva Insurance SAOC
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Liva Insurance B.S.C. (c) (Liva Bahrain) (Bahrain) and Liva ...
Date:
Source: BestWire

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Insurance Information Institute News (IIHS & HLDI)

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Insurance Journal News

King Risk Acquires Georgia-Based Hanc Group Agency
Gainesville, Florida-based King Risk Partners has acquired the Hanc Group, an insurance agency that serves the Korean-American community and others in north Georgia, King Risk announced this week. Rick Han, owner of Alpharetta-based Hanc Group, said in a news release …
Date: Friday, February 13, 2026

ZestyAI Provides AI-Driven Risk Analytics for Marsh McLennan Agency
ZestyAI said Marsh McLennan Agency has adopted its risk analytics to enhance risk assessments for a small segment of its high-net-worth clients with catastrophe-prone properties. The provider of AI-powered property and climate risk analytics said its Z-Fire, Roof Age, and …
Date: Friday, February 13, 2026

Kansas Man Sentenced for Insurance Fraud, Forgery
Kansas Insurance Commissioner Vicki Schmidt announced a Reno County man has been sentenced to 21 months in prison for insurance fraud, making false information, and forgery. Larry Wilson, aged 54, pleaded guilty on December 11, 2025, in Reno County District …
Date: Friday, February 13, 2026

Enstar Group Acquires Michigan’s AF Group
Enstar Group Limited, global insurance and reinsurance group backed by investment vehicles managed by affiliates of global investment firm Sixth Street, announced it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund …
Date: Friday, February 13, 2026

Three People Suffer Burns at Exxonmobil Facility in Texas, Media Report
Three contract workers suffered burns while working on transport operations at the ExxonMobil XOM.N facility in Beaumont, Texas, KDFM and other media reported late on Thursday. The KDFM report cited a statement from ExxonMobil, which said the contract workers were …
Date: Friday, February 13, 2026

AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the potential benefits from …
Date: Friday, February 13, 2026

TVA Now Ready to Reverse Plans on Closing Two Coal-Fired Power Plants
The nation’s largest public utility says it now would prefer to keep operating two coal-fired power plants it had planned to shutter, changing course before a meeting of its board, which has a majority of members picked by the coal-friendly …
Date: Friday, February 13, 2026

MAPFRE Re Gets Regulatory Approval to Open India Branch Office
MAPFRE Re announced it has obtained regulatory approval from the International Financial Services Centres Authority (IFSCA) of India to open its newest branch office in Gujarat. MAPFRE Re said its relationship with the Indian insurance market dates back over a …
Date: Friday, February 13, 2026

Former New Jersey Attorney General Platkin Opens Law Office
Matthew J. Platkin, who served as New Jersey’s attorney general from 2022 to 2026, has opened a law office along with three other attorneys who served with him in that office. Platkin vows to focus on complex civil and public …
Date: Friday, February 13, 2026

China Orders Cereulide Tests as Nestle, Danone Face Recalls
China’s market regulator has ordered infant formula makers to test for cereulide, a toxin that has triggered precautionary recalls worldwide by some of the largest food companies. Producers must strictly enforce controls on raw materials and product releases, the State …
Date: Friday, February 13, 2026

Nestlé Runs 24 Hours to Avert Formula Shortages After Recall
Nestlé SA is ramping up production of infant formula to avert a shortage, after a contamination crisis led the Swiss foodmaker and rival producers Danone SA and Groupe Lactalis to recall hundreds of batches. Five Nestlé factories in France, Spain, …
Date: Friday, February 13, 2026

Forest Service Gets Pushback on Plan to Use Controlled Burns in Green Mountains
The U.S. Forest Service’s plan to conduct controlled burning over the next 15 years in Vermont near popular recreation spots Lake Dunmore and Silver Lake has faced public opposition during a comment period that ends this week. The project, called …
Date: Friday, February 13, 2026

Viewpoint: East London Faces Risks of Extreme Flooding – But Resilience Can Be Built
More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods continue to hit the UK. In the capital, 13% of properties have been classed as having a high or medium …
Date: Friday, February 13, 2026

Odido Telecom Says Customer Data Compromised in Cyberattack
Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statement that it contained …
Date: Friday, February 13, 2026

Owner of Insurtech Startup InsuranceDekho Is Said to Plan $250 Million India IPO
Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public offering in Mumbai that could raise as much as $250 million, according to people familiar with the matter. The Gurugram-based insurance aggregator has held recent …
Date: Friday, February 13, 2026

Judge Awards Applied Systems Preliminary Injunction Against Comulate
Applied Systems has been awarded a preliminary injunction against competitor Comulate, who Applied has accused of making a fake insurance agency to access its software platform and steal trade secrets. The competitors in the insurance technology market have traded litigation, …
Date: Friday, February 13, 2026

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