Run Time: 3:40
February 16, 2016 in Carrier Management
Widespread Rating Changes Not Expected When A.M. Best Rolls Out New BCAR
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News that A.M. Best has been working on an update to its Best Capital Adequacy Ratio understandably has some insurers worried about what will happen to their ratings. In this interview with Carrier Management, Matthew Mosher, executive vice president and chief operating officer, provides reassurance that there's no intention to change overall ratings. In fact, A.M. Best is updating its Credit Rating Methodology, which will ultimately give carriers a clearer picture about how the new BCAR is going to fit into the overall rating process.
