Ltd. News

Notable Rating Actions This Week: Rural Mutual, Everest Group, Prime Insurance

Among the ratings announcements from AM Best this week were those reacting to a mutual company affiliation, a reserve charge and the results of an E&S writer.

‘Underwriting Choices’ Added to Everest’s Social Inflation Woes: CEO

Social inflation wasn't the only factor that pushed the loss severity on the U.S. casualty book of Everest Group Ltd. up high enough to prompt a $1.7 billion loss reserve charge, the CEO said earlier ...