AM Specialty Insurance Company has announced that AM Best has reaffirmed its Financial Strength Rating (FSR) of A- (Excellent) with a stable outlook. This recognition highlights ASIC’s focus on underwriting quality, disciplined risk management, and growth within the Excess and Surplus (E&S) lines market. AM Best cited ASIC’s exceptionally strong risk-adjusted capitalisation, supported by a […]
Archives for January 2025
How Can I Secure Health Insurance Following My “COBRA” Expiration?
Do you want to know how to get your own health insurance following the lapsing of your COBRA insurance coverage? In all honesty, you don’t need to feel swamped about it in any way. Here is why. After your COBRA health insurance expires on you, you will be entitled to enjoy the benefits of a […]
Flood events drive 78% of international industry losses in 2024: CRESTA
According to the Q4 CRESTA Industry Loss Index (CLIX) update, which provides data on non-US catastrophe events that have generated industry losses above $1 billion, 2024 was dominated by flood events, driving 78% of the total industry loss figure. In terms of the overall figure, the international loss tally for billion-dollar events stands at $18.2 […]