The U.S. P/C fronting market continued to expand in 2025, with more than $30 billion in estimated premium, while AM Best warned that growing use of unrated and unauthorized reinsurers is increasing counterparty credit risk.
Senators Want Info on Insurers’ Use Of No-Pay Claim Practices
Sens. Elizabeth Warren and Josh Hawley are seeking 10 years of homeowners and personal auto claims data from Liberty Mutual and five other major insurers amid increases in claims closed without payment.
Lou Garcia joins InsurBanc as President and CEO
InsurBanc has appointed Lou Garcia president and CEO. Garcia brings more than 25 years of experience in investment banking, alternative asset management and financial services.
Plymouth Rock Home Assurance Names Jared Stuckey VP of Customer Service and Underwriting
Plymouth Rock Home Assurance Corporation has promoted Jared Stuckey to vice president of customer service and underwriting, where he will oversee both functions for the company’s Home Insurance group.
AM Best: U.S. P/C Insurer Rating Downgrades Fall in First Half of 2026
AM Best reported substantially fewer U.S. property/casualty insurer rating downgrades in the first half of 2026, while upgrades increased and affirmations continued to dominate rating actions.
