Yearly Archives: 2024

AM Best Revises Outlooks to Negative for Hurst Home Insurance Company, Inc.

OLDWICK, N.J., June 06, 2024--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Hurst Home Insurance Company,...

Mercury Insurance Expert Offers Tips to Avoid Becoming a Victim of Insurance Fraud

Vigilance and Detailed Documentation are Key Prevention Measures LOS ANGELES, June 6, 2024 /PRNewswire/ -- While inflation continues to drive up home and auto insurance costs, fraud is a hidden culprit contributing to the hikes. Whether you're an actual...

Commercial Property Insurance Market Proving More Stable, Capitalized: USI

Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI Insurance Services reported in its latest Commercial Property & Casualty...

AM Best Removes From Under Review With Negative Implications and Downgrades Credit Ratings of Casualty Underwriters Insurance Company

OLDWICK, N.J., June 06, 2024--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C- (Weak) from C++ (Marginal) and the Long-Term Issuer Credit Rating to "cc" (Very Weak) from...

Car insurance rates up, Corpus Christi drivers still paying less than state average – KIII

CORPUS CHRISTI, Texas — The Bureau of Labor Statistics says car owners in the US are paying nearly 10 percent more for full coverage insurance ... Source link
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