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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
AM Best’s last rating was to downgrade the financial strength rating (FSR) of the members of the Hallmark Financial Group to C++ (marginal) from B++ (good).
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The update comes days after the agency downgraded the carrier’s ratings late last week.
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The carrier has exhausted the limit of the loss portfolio transfer with Darag on its troubled commercial auto book and is subject to further reserve deterioration.
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One question in the community is whether nuclear verdicts this year will spark a re-acceleration of rates, especially in the lead excess layers.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The results were based on an analysis of paid loss data for commercial auto liability between 2012 and 2021.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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2022 statutory data is now available, and results show winners and losers
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Sentiment scores across US P&C segments dropped sequentially in Q4, though InsurTechs bucked the trend.
