Insurance News

CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) announced today that Carl H. Lindner III and S. Craig Lindner, Co-Chief Executive Officers, and Brian S. Hertzman, Senior Vice President & Chief Financial Officer, will participate in the 2026 Keefe, Bruyette & Woods Insurance Conference on Wednesday, September 9, 2026.While there will be no Company presentation, AFG will host several investor meetings. The investor material to be used in the meetings will be posted...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney will represent the company at the KBW Insurance Conference. McKenney is scheduled to speak at the conference at 2:05 p.m. ET on Wednesday, September 9, 2026. He will discuss the company’s business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of Unum’s website, www.investors.unum.com, on the News and Events page. ABOUT UNUM...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Everett Cash Mutual Insurance Company (Everett Cash Mutual), 1st Choice Advantage Insurance Company, Inc. and American Reliable Insurance Company (Phoenix, AZ). The outlook assigned to these Credit Ratings (ratings) is positive....

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the members of Athene Group (Athene). Athene is the consolidation of the organization’s U.S. operating companies, along with its affiliated reinsurance companies domiciled in Bermuda. In addition, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of Athene Holding Ltd. (Delaware). Athene Holding Ltd. oper...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) to MACM Risk Retention Group, Inc. (MACM RRG) (District of Columbia). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Medical Assurance Company of Mississippi (MACM) (Ridgeland, MS). The outlook of the...

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its monthly Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. During July, the Milliman PPFI plans saw an estimated aggregate return of -0.1%—the same performance observed during June—which reduced their funded status from 88.7% as of June 30 to 88.2% as of July 31. The plans lost $38 billion in funded s...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Aviza Insurance Agency. This strategic acquisition expands Inszone's footprint in Michigan, welcoming a respected, community-rooted agency with deep expertise in farm, agribusiness, commercial, personal lines, and benefits into the Inszone family. Founded in 1966 and operating today as Aviza Insurance Agen...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the members of Crum & Forster Insurance Group (C&F). Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Monitor Life Insurance Company of New York (Monitor Life) (New York, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a d...

NEW YORK--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh (NYSE:MRSH), today announced that it has joined Anthropic’s Claude Partner Network as a Select Services Partner. The Claude Partner Network recognizes organizations with certified delivery capabilities and demonstrated experience helping companies deploy their technology. As Select Services Partner, Oliver Wyman gains access to technical resources and collaboration opportunities that enable...

HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of INPEX Insurance, Ltd. (IIL) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect IIL’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. IIL’s risk-adjusted capitalisation is asses...