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AM Best: More P&C rating downgrades than upgrades in 2023
By Steve HalloAffirmations accounted the majority of rating actions taken by AM Best in 2023.
News and information for property & casualty insurance agents and brokers on commercial lines insurance, including commercial property, D&O, E&O, Environmental, construction, employee practices liability, EPLI, business owners’ policy (BOP), general liability, crime, business interruption, cyber, equipment breakdown insurance, workers’ compensation, employee benefits, small business insurance, medical malpractice, fire and flood coverage, among other important types of coverage.
Affirmations accounted the majority of rating actions taken by AM Best in 2023.
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