AM Best has revised the Long-Term Issuer Credit Rating (Long-Term ICR) outlook to stable from negative for ProAssurance Corporation and its groups members. A.M. Best also affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “bbb+” (Good) and all existing Long-Term ICRs of ProAssurance Corporation. In addition, AM Best affirmed the FSR of A- (Excellent) ...

It looks like the summer and fall of 2022 will be a busy season for the captive insurance industry. Attendance at earlier conferences such as the 2022 CICA International Conference and 2022 RIMS Conference was strong. VCIA President Kevin Mead noted that two of the hotels for the upcoming VCIA Conference are already sold out—despite registration not opening for a ...

When Emergency Capital Management (Vermont), LLC Risk Retention Group (Emergency Capital Management RRG) entered a dormant state at the end of 2017, it seemed that another risk retention group serving the Healthcare sector had closed its doors in the protracted soft market. Now Emergency Capital Management RRG—since acquired by Envision Healthcare— is back and on track to become one of ...