Despite strong underwriting results in 2023, Fitch Ratings reports that the U.S. D&O insurance market faces declining premiums and emerging litigation risks.
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AM Best has revised the outlooks to negative from stable and affirmed the financial strength rating of A+ and the long-term issuer credit ratings of “aa-” of Vermont Mutual Insurance Company and its fully reinsured subsidiary, Northern Security Insurance Company and its...
Medicare’s recent move to cover the weight-loss drug Wegovy for some recipients with heart disease risk could drive up the cost of monthly premiums for many of the 65 million adults enrolled in the federal health insurance program, experts warn. How much of a...