Regulation & Compliance
Balance Sheets at Risk? What’s Next for Workers Comp Insurers
Although workers compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for ...
Lloyd’s Agrees to More Reg Checks on Harassment Whistleblower Process
The Bank of England has stepped up its monitoring of Lloyd's of London's whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the ...
S&P Assigns A- Ratings to Fidelis Insurance Operating Subs; Holding Co. at BBB
Noting the proven track record of its management team and strong top-line growth in a five year time frame, S&P Global Ratings has assigned A- financial strength ratings to the operating units of ...
Safeway Insurance Group Earns A.M. Best Ratings Outlook Upgrade
Safeway Insurance Group gained a ratings outlook upgrade from A.M. Best, thanks to solid rate increases and a number of strategic initiatives the ratings agency views as positive developments. A.M. ...
P/C Insurance Market Typically Soft, Analysts Say
Property/casualty insurance carrier executives are challenged to predict the likely state of the market as they shape go-forward strategies for their companies. While 2020 may be a bit off course, ...
Qatar Insurance Hit With S&P Outlook Downgrade Over Loan Acquisition Risks
S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group's "A" rating. When QIC acquired four of ...
Financial Firms, Regulators Urged to Be More Agile on Cybersecurity Risks
Cleveland Federal Reserve President Loretta Mester said on Thursday that financial firms and regulators should be more agile and share information to better combat cybersecurity threats. Financial ...
Liberty Mutual’s Kelley, Who Led Ironshore to Its Acquisition, Plans to Retire
Liberty Mutual executive and former Ironshore CEO Kevin Kelley plans to retire at the end of 2019, the company disclosed on Nov. 21. Kelley, currently Liberty Mutual's vice chairman for Global Risk ...