Insurers, AM Best trade accusations in lawsuit over ratings downgrade
June 13, 2024 by John Hilton
Update: Late Tuesday, Judge Rukhsana L. Singh ordered AM Best to deliver the disputed documents to him by Thursday. Singh will review the documents sought by plaintiffs, his ruling states.
A pair of life insurers suing AM Best over a potential ratings downgrade say the defendant is refusing to share emails related to the controversial move. AM Best countered by claiming it’s the insurers who are refusing to comply with discovery.
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Originally Posted at InsuranceNewsNet on June 12, 2024 by John Hilton.
Categories: Industry Articles