-

AM Best to Speak at Big I Illinois’ CONVO 2024 Conference

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will lead a session on the state of the U.S. auto insurance industry in the Big I Illinois’ CONVO 2024 Conference, taking place Oct. 15-17, 2024, in Peoria, IL.

Janet Hernandez, senior financial analyst, AM Best, will speak on Wednesday, Oct. 16, at a session, titled, “The State of the Auto Market – A Perspective From AM Best.” During the session, Hernandez will focus on the headwinds auto insurers are facing, including rate adequacy and the rapidly increasing costs of claims, as well as market tailwinds, such as improved industry innovation with greater use of telematics. She also will discuss how Illinois’ auto insurance market compares nationally. Hernandez has been with AM Best since 2010 and conducts analysis on a portfolio of North American property/casualty insurers.

CONVO 2024 is geared toward independent insurance professionals in Illinois and is host to the largest industry tradeshow in the Midwest. For further information on CONVO 2024, which is taking place at the Peoria Civic Center, at https://www.ilbigi.org/events/big-i-illinois-convo.

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 © 2024 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

AM Best


Release Versions

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

More News From AM Best

AM Best Affirms Credit Ratings of CESCE México, S.A. de C.V. and CESCE Fianzas México, S.A. de C.V.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Ratings of “bbb” (Good) and the Mexico National Scale Ratings of “aa.MX” (Superior) of CESCE México, S.A. de C.V. (CESCEM) and its affiliate, CESCE Fianzas México, S.A. de C.V. (CESCEF). The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Mexico City, Mexico. The ratings of CESCEM and CESCEF reflect the companies’ balance sheet strength...

AM Best Affirms Credit Ratings of Coface SA’s Main Operating Subsidiaries

AMSTERDAM--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Compagnie française d’assurance pour le commerce extérieur (la Compagnie) (France), Coface North America Insurance Company (CNAIC) (United States) and Coface Re SA (Coface Re) (Switzerland), which are subsidiaries of Coface SA (Coface), the non-operating holding company of the Coface group. The outlook of these Credit Ratings (ratings) is...

AM Best Revises Outlooks to Stable and Affirms Credit Ratings of Armour Secure Insurance S.A. de C.V.

MEXICO CITY--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+ (Good), the Long-Term Issuer Credit Rating of “bbb-” (Good) and the Mexico National Scale Rating of “aa-.MX” (Superior) of Armour Secure Insurance S.A. de C.V. (Armour) (Mexico City, Mexico). The Credit Ratings (ratings) reflect Armour’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profi...
Back to Newsroom