Industry News

Insurance Journal

Official Figure on Insured Losses for 2018 California Wildfires Reaches $9B

Dec 12, 2018 The official tally for insured losses from this year’s major California wildfires is $9.05 billion – for now. California Insurance Commissioner...

AM Best Downgrades Ratings of Mercury in California, Wildfires a Factor

Dec 12, 2018 AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to...

Refreezing Still Threatens Roads After Southern Snowstorm

Dec 12, 2018 Seesawing temperatures across several southern states were gradually melting snow from a wintry storm, but also “transforming slushy roads into treacherous ice...

Wet Harvest Leads to $77M Loss for Arkansas Soybean Farmers

Dec 12, 2018 Agriculture experts say Arkansas soybean farmers have lost at least $77 million this year after heavy rainfall interrupted harvest season and damaged the quality...

Best's Reviews

Negotiators Reach Covered Agreement Between US, United Kingdom as Brexit Nears

Dec 12, 2018 Negotiators for the United States and the United Kingdom have reached a final covered agreement to protect international insurers and...

AM Best Affirms Credit Ratings of Solidarity Bahrain B.S.C.

Dec 12, 2018 AM Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Solidarity...

AM Best Affirms Credit Ratings of First Insurance Company

Dec 12, 2018 AM Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of First Insurance...

AM Best Revises Outlooks to Positive for Farmers Alliance Mutual Insurance Company and Its Subsidiaries

Dec 12, 2018 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (...

Claims Journal

NTSB: Driver Fatigue Contributed to Deadly 2016 Texas Bus Crash

Dec 12, 2018 A bus driver with “acute sleep deficit” failed to stay in his lane and caused his vehicle to careen out of control, resulting in a wreck that killed...

Key Science Report Has Countries Taking Sides at Climate Summit

Dec 12, 2018 A diplomatic standoff over a single word could set the stage for a bigger showdown during the second half of this year’s U.N. climate summit. Negotiators...

Oregon’s New Playbook Addresses Earthquake Response

Dec 12, 2018 Oregon has a new playbook for preparing and responding to a major earthquake that dictates what should be tackled over time versus a list of tasks to get done. The playbook...

Business Owners Need to Train Employees About Password Safety

Dec 12, 2018 It may seem obvious: Companies’ computers, mobile devices and accounts need secure passwords. But many small business owners don’t take the time to...