Regulation & Compliance
A.M. Best Clarifies Stance on AXIS-PartnerRe Deal
While characterizing their opinion as neither an endorsement nor a recommendation of the proposed merger of AXIS Capital and PartnerRe, rating analysts from A.M. Best clarified that their stance on ...
Shakeup in Top 10 Workers Comp Writers: 2014 vs. 2009
The ranking of industry-leading workers compensation writers has changed in recent years, with names like Travelers and Hartford overtaking Liberty Mutual Insurance Co. and American International ...
Workers Comp Underwriting Profit Possible as Trends, Reserve Quality Improve: Fitch
Traditionally one of the most challenging underwriting segments in the U.S. commercial lines insurance market, workers compensation has experienced a meaningful turnaround in performance from large ...
Global Insurance Regulators Delay Tougher Capital Rules For One Year
Global insurance regulators will take more time than previously planned to address industry concerns before applying tougher capital rules to some of the largest companies they oversee. Capital rules ...
Sizing Up the P/C M&A Landscape; Analyst Wary of ‘Industrial’ Buyers
A fixed income analyst specializing in the property/casualty insurance sector is growing uncomfortable with a potential trend he sees developing in the M&A landscape—interest in insurance ...
Fitch: Berkshire Hathaway’s Commercial Insurance Success Threatens Smaller Rivals
Berkshire Hathaway's expansion into the U.S. commercial lines market in recent years has been immensely successful for the company, giving it the ability to crowd out smaller rivals, Fitch Ratings ...
U.S. Fed Considering Nationwide Capital Standard: Reuters
The U.S. Federal Reserve is considering a proposal for new nationwide insurance capital standards that would rely heavily on the current system of state-based regulations, according to a copy of the ...
U.S. Safety Officials Call For Collision Prevention Systems in Cars and Trucks
U.S. safety officials on Monday called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and ...