-

AM Best to Host Briefing on Challenging Market for Medical Professional Liability Insurers

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host an analytical briefing on the state of the U.S. medical professional liability (MPL) insurance sector on Wednesday, May 10, 2023, at 11:00 a.m. (EDT).

The one-hour, complementary event featuring leading market executives and AM Best analysts will examine recent and prospective financial results and underwriting and loss trends, as well as health care regulatory developments. AM Best currently holds a negative market segment outlook on the MPL insurance sector due to a number of negative factors that include rising claims severity and social inflation. These topics, as well as a look at the erosion of tort reform in certain U.S. states, will be included in the discussion.

To register for the event, please go to http://www.ambest.com/conferences/MPL2023/index.html.

Market experts and analysts joining the event are as follows:

  • Brian Atchinson, president and chief executive officer, MPL Association;
  • Gerald Zarlengo, MD, chairman and CEO, COPIC;
  • Jim Hurley, consulting actuary, Willis Towers Watson;
  • Sharon Marks, director, AM Best; and
  • David Blades, associate director, AM Best.

Attendees can submit questions during registration or by emailing webinars@ambest.com. The event will be streamed in video and audio formats, and playback will be available to registered viewers shortly after the event.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

AM Best


Release Versions
Hashtags

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

Social Media Profiles
More News From AM Best

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of CL Life and Annuity Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of CL Life and Annuity Insurance Company (CL Life) (Fort Worth, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect CL Life’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business...

AM Best Upgrades Credit Ratings for RLI Corp. and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating (FSR) to A++ (Superior) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa+” (Superior) from “aa” (Superior) for the members of RLI Group (RLI). In addition, AM Best has upgraded the Long-Term ICR to “a+” (Excellent) from “a” (Excellent) of RLI’s publicly traded parent holding company, RLI Corp. [NYSE: RLI]. The outlook of these Credit Ratings (ratings) has been revised to stable fr...

AM Best Assigns Issue Credit Rating to Intact Financial Corporation’s Senior Unsecured Medium-Term Notes and Subordinated Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) to the recently announced CAD 250 million, 3.784% senior unsecured medium-term notes, due February 2038, issued by Intact Financial Corporation (Intact) (Toronto, Ontario, Canada). At the same time, AM Best also has assigned a Long-Term IR of “bbb” (Good) to the recently announced CAD 250 million, 5.642% subordinated notes, due March 2086, also issued by Intact. The outlook as...
Back to Newsroom