AM Best ratings face pushback from some insurers
October 29, 2024 by Doug Bailey
The market dominance and fairness of the world’s oldest credit rating agency, AM Best, has come under fire recently as some insurers have questioned its methods and bemoaned its stranglehold on the industry.
AM Best, which has provided insurance industry credit reviews since 1899, is considered the “gold standard” in ratings, akin to the Good Housekeeping Seal of Approval or a Consumer Reports assessment.
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Originally Posted at InsuranceNewsNet on October 22, 2024 by Doug Bailey.
Categories: Industry Articles