-

Best’s Review® Releases Digital Supplement on Flood Insurance

OLDWICK, N.J.--(BUSINESS WIRE)--Best's Review magazine has released a new online supplement focused on flood insurance.

The supplement features stories on:

  • The reformations to the National Flood Insurance Program and their effect on balancing books;
  • A call from trade groups to Congress for support of the NFIP and private flood carriers;
  • How reinsurance costs and Hurricane Ian drove insurtech from the Florida private flood market; and
  • A lawsuit that says FEMA’s pricing methodology makes flood insurance “functionally unavailable” to many property owners and is an improper exercise of authority.

In addition to providing expert insight from industry leaders around the globe, the supplement includes companies writing U.S. private flood coverage from each state and the District of Columbia, listed by market share. Information is drawn from AM Best's BestLink® database, a powerful online platform that provides access to Best's Insurance Reports®, Best's Financial Suite and Best’s Alert Service products as well as tools for sophisticated research and analysis.

Best's Review releases several online supplements each year. Advertising opportunities are available for the 2024 edition. To learn more, contact the AM Best Advertising Services team at advertising_sales@ambest.com or call (908) 882-1706.

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

Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882-2102
lee.mcdonald@ambest.com

Industry:

AM Best

Release Versions
English

Contacts

Lee McDonald
Senior Vice President, Publication & News Services
+1 908 882-2102
lee.mcdonald@ambest.com

More News From AM Best

Best’s Special Report: AM Best Updates Net Capital Charge Tables for ACIS/CIRT Reinsurance Transactions

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs—Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key components of the factor-based method used to calculate net capital charges in the Best’s Capital Adequacy Ratio (BCAR) m...

AM Best Affirms Credit Ratings of FMG Insurance Limited

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect FMGIL’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). In addition, the ratings fa...

AM Best Revises Issuer Credit Rating Outlook to Stable for Members of United Equitable Insurance Group

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of C (Weak) and the Long-Term ICRs of “ccc+” (Weak) of United Equitable Insurance Company and American Heartland Insurance Company, which are referred to as United Equitable Insurance Group or UEIG. Both companies are domiciled in Morton Grove, IL. The outlook of the FSR is stable. The Credit Ratings (rat...
Back to Newsroom