-

AM Best Briefing on Florida’s Property Insurance Market to Provide Views on Hurricane Season, Legislation and Reinsurance

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host a complimentary market briefing on the current state of Florida’s property/casualty market, ahead of the start of hurricane season, on Monday, May 22, 2023, at 2 p.m. EDT.

During the event, “State of Florida P&C Market: Views on Hurricane Season, Legislation and Reinsurance,” a panel made up of AM Best analytical executives and other industry leaders will discuss the state’s property insurance market crisis, which has been brought about by a confluence of issues related to climate risk, litigation, regulation and legislation, and has led to a number of insurer insolvencies in recent years.

Topics to be discussed include:

  • A review of year-end 2022 results of Florida’s specialist insurers;
  • Insurance pricing, capacity and availability at the June 1 reinsurance renewals;
  • How much traction recently passed tort reform has gained; and
  • Thoughts on what second-half 2023 holds for Florida insurers.

Panelists for the event are:

  • Rhandahl Fuller, managing director, Florida practice lead, Guy Carpenter;
  • Fred Karlinsky, shareholder – co-chair insurance regulatory and transactions practice, Greenberg Traurig, PA;
  • Chris Draghi, associate director, AM Best; and
  • Jeff Mango, managing director, AM Best (moderator)

To register for the complimentary one-hour briefing, please visit http://www.ambest.com/conferences/FLORIDAPC2023/index.html

Attendees can submit questions during registration or by emailing conferenceinformation@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 Company, 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

Industry:

AM Best

Release Versions
English
Hashtags
#insurance

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
AM Best / LinkedIn
More News From AM Best

Best’s Market Segment Outlook: AM Best Revises Outlook on Germany's Life Insurance Segment to Stable

AMSTERDAM--(BUSINESS WIRE)--AM Best is revising its outlook for Germany’s life insurance segment to stable from negative. In its new Best’s Market Segment Report, “Market Segment Outlook: Germany Life Insurance”, AM Best states that the revision of its outlook primarily reflects the stabilisation of key trends for the segment in the current positive interest rate environment. In addition, AM Best notes that life insurance premium income is expected to remain resilient over the next 12 months, d...

AM Best Takes Various Credit Rating Actions on Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company; Affirms Credit Ratings of Definity Financial Corporation

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “aa-” (Superior) of Travelers Insurance Company of Canada (TICC). At the same time, AM Best has removed from under review with developing implications and affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of T...

AM Best Revises Outlooks to Stable and Affirms Credit Ratings of Mercury General Corporation and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of Mercury Casualty Group (Mercury). Concurrently, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb” (Good) of the organization’s publicly traded ultimate parent, Mercury General Corporation (MGC) (Los Angeles, CA...
Back to Newsroom