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AM Best downgrades A-Cap insurers amid financial and regulatory troubles

11 hours ago
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AM Best has downgraded the financial strength ratings of two Advantage Capital Group insurers, citing deteriorating capital and other issues. Read more
More Top Stories
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  • How AI Is Changing Life Insurance
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  • Turning awareness into action during Life Insurance Awareness Month
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ADVISOR NEWS

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How life insurance can provide liquidity for wealthy families

Life insurance can play a key role in a client’s financial plan, offering a source of liquidity that doesn’t depend on market conditions.

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NEWSWIRES

New Tax Credit Available For Small Businesses Offering Health Insurance

Connecticut small businesses can now access a state tax credit to help offer health insurance to their employees through a law passed earlier this year, Gov. "Through this tax credit, we can encourage more small businesses to offer health coverage to their employees, keeping more people in Connecticut insured while also offsetting their premiums," Lamont said.

  • Governor Lamont Announces New State Tax Credit To Help Small Businesses Offer Health Insurance
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For laid off St Albans Creamery workers, health insurance benefits run out next week. The union representing them is asking the courts to intervene

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Annuity News

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A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets

In its own 32-page lawsuit, the A-Cap insurers accuse Wise of a prolonged and failed campaign to punish the companies. Read More

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Life Insurance News

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A-Cap insurers face new takeover push in South Carolina

South Carolina insurance regulators are taking another shot at placing two Advantage Capital Partners-owned insurers into rehab... Read More

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Health/Employee Benefits News

Bartko Pavia Secures Landmark California Appellate Victory, on Behalf of one of its Hospital Clients, Reviving Antitrust Claims Against MultiPlan

In a first of its kind decision, the California Court of Appeal held that health insurer reimbursements to hospitals and physic... Read More

Colorado's Medicaid costs exceed budget by $443 million

-Medicaid expenses are expected to be $443 million over the budget in Colorado in 2026-27.. That spending dilemma is in additio... Read More

GOVERNOR LAMONT ANNOUNCES NEW STATE TAX CREDIT TO HELP SMALL BUSINESSES OFFER HEALTH INSURANCE

The following information was released by the office of the Governor of Connecticut:. Governor Ned Lamont today announced that ... Read More

  • Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency
More Health/Employee Benefits News

Property and Casualty News

AM Best Affirms Credit Ratings of Assurant, Inc. and Its Property/Casualty and Life/Health Subsidiaries

These companies are collectively referred to as Assurant P&C Group. At the same time, AM Best has affirmed the Long-Term IC... Read More

Duo who staged New York City car accidents sent to prison

–Two men accused of staging automobile crashes in New York City have received their prison sentences as new reforms proposed by... Read More

AM Best Affirms Credit Ratings of Samsung Property & Casualty Insurance Company (China), Ltd.

The company is jointly owned by Samsung Fire& Marine Insurance Co. Ltd., Shenzhen Tencent Domain Computer Network Company L... Read More

  • New rules seek to establish uniform standards for public adjusters
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Insurtech News

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AI skills in higher demand than MBAs in financial services

As artificial intelligence continues to take over the financial services industry, a new report by PwC found there is more dema... Read More

  • Protecting client data in the age of AI
  • New assessment tool helps insurers take a hard look at their AI game plan
  • Overcoming the AI trust gap
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