AM Best Downgrades US Health Insurance Market Outlook to Negative
AM Best lowers U.S. health insurance outlook to negative amid rising medical costs, higher claims, and profitability pressures on government health plans in 2025.
AM Best lowers U.S. health insurance outlook to negative amid rising medical costs, higher claims, and profitability pressures on government health plans in 2025.
UnitedHealth Group anticipates 78% of Medicare Advantage members will be enrolled in plans rated four stars or above in 2024, enhancing eligibility for Medicare bonus payments and supporting its health insurance segment.
AM Best downgrades Erie Insurance Group's property/casualty credit ratings from A+ to A, citing underwriting losses and weather claims impact. Erie Family Life's rating affirmed.
AM Best has reaffirmed Global Indemnity Group's A (Excellent) financial strength rating, underscoring the company's stability and creditworthiness in the U.S. property and casualty insurance market.
AM Best revises outlook to stable for California Insurance Company and affiliates, affirming strong financial strength and governance improvements amid ongoing legal dispute.
KBRA assigns BBB+ Stable rating to $350M surplus notes by Venerable Insurance and Annuity Company and Corporate Solutions Life Reinsurance, tied to variable annuity business reinsurance.
AM Best affirms Direct General Life Insurance Company's credit ratings post-acquisition by Nationwide Mutual, highlighting strong balance sheet and stable outlook.
AM Best elevates Lincoln Heritage Life Insurance's credit ratings to A, driven by strong underwriting results and improved capital metrics post-pandemic.
Federal court ruling increases Alignment Healthcare's Arizona Medicare Advantage HMO star rating from 3.5 to 4 stars, enhancing plan quality recognition and CMS bonus eligibility.
Sentry Insurance has sustained an A+ (Superior) rating from AM Best for 34 years, highlighting its financial strength, diverse business lines, and growth through acquisition. The insurer's Fortune 1000 ranking reflects operational stability and market presence.