AM Best is projecting modest growth in capital & surplus of approximately $48 billion for the U.S. life/annuity (L/A) insurance industry over the combined 2024-2025 period, according to a new Best’s ...

Driven Brands Holdings Inc. (NASDAQ: DRVN) ("Driven Brands" or the "Company") today provided additional information regarding its segment reporting, which is effective for the fourth quarter of fiscal ...

AM Best has revised its outlook on the U.S. health insurance segment to negative from stable due to increased utilization and higher medical costs across the industry and other significant segment ...

OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. commercial auto insurance segment incurred a net loss of $5 billion in 2023, with results in the first half of 2024 showing further deterioration from the ...

Corporate expenses and amortization were lower by $20 million or 7.7% year-over-year. First quarter operating cash flow was $942 million, with free cash flow just under $700 million. Net leverage ...

AM Best is revising its market segment outlook on the U.S. excess and surplus (E&S) lines segment to stable from positive, reflecting moderating premium growth and rate softening. According to the ...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Driven Brands Holdings Inc. (DRVN) (“Driven Brands” or the “Company”) today announced a change in its segment reporting, which is effective the first quarter of 2025 ...