-

AM Best to Sponsor and Participate at PAMIC’s 2025 Leadership Symposium

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will sponsor and participate in the Pennsylvania Association of Mutual Insurance Companies’ (PAMIC) 2025 Leadership Symposium, which will be held June 17-18, 2025, at the Omni Bedford Springs Resort, in Bedford, PA.

AM Best Director Joseph Burtone will present AM Best’s perspective on the state of the insurance industry on Wednesday, June 18, titled, "State of the Market" at 10:00 a.m. (EDT). During the session, Burtone will provide an overview with an emphasis on market challenges, including ongoing weather-related losses, efforts to achieve rate adequacy, casualty reserve challenges, stress testing and social inflation. The presentation will cover AM Best’s current market segment outlooks and the impact of changing reinsurance capacity on primary carriers. Burtone has worked for decades in the insurance industry, with nearly 25 years’ experience at AM Best. He is responsible for managing a team of rating analysts covering property/casualty insurance companies in the United States, including farm bureau companies, mutual insurers and regional writers.

AM Best is a platinum level sponsor for the event. PAMIC is a trade association that has represented the mutual insurance industry since 1907 with its membership representing much of the Mid-Atlantic region. To register and learn more about PAMIC’s upcoming symposium, visit the event webpage.

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 © 2025 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

Best’s Commentary: Proposed Risk-Based Capital Change in Hong Kong Could Bolster Market’s Global Standing

HONG KONG--(BUSINESS WIRE)--Proposed changes in how the Hong Kong Insurance Authority (HKIA) evaluates non-life insurers’ required capital levels around natural catastrophes and man-made risks, as well as offshore reinsurance business, could bolster this geographic market’s position as a global reinsurance and risk management hub, according to a new AM Best report. The proposed refinements are stipulated in a recently released HKIA consultation paper, following the adoption of the Hong Kong Ris...

AM Best Comments on Credit Ratings of The Wawanesa Mutual Insurance Company Following Announced Acquisition of Everest Insurance Company of Canada

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of The Wawanesa Mutual Insurance Company (Wawanesa Mutual) (Winnipeg, Manitoba, Canada) remain unchanged following its announcement to acquire Everest Insurance Company of Canada (Everest Canada) (Toronto, Ontario, Canada), the Canadian retail insurance operations of Everest Group, Ltd. (Everest Group) (Bermuda) [NYSE: EG]. The acquisition is expected to strengthen and diversify Wawanesa Mutual’s business pr...

Best’s Market Segment Report: AM Best Maintains Stable Outlook on UK Non-Life Insurance Segment Despite Elevated Geopolitical Risks

LONDON--(BUSINESS WIRE)--AM Best has maintained its stable outlook on the United Kingdom non-life insurance segment, reflecting its opinion that the headwinds and tailwinds affecting the segment's operating environment remain broadly balanced. In its new Best’s Market Segment Report, “Market Segment Outlook: United Kingdom Non-Life Insurance,” AM Best states that the trends of minimal economic growth and increasing rates of unemployment persisting into 2026 mean that insurers are likely to face...
Back to Newsroom