This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

EMC Estimates $18.5 Million in Fourth-Quarter Pretax Catastrophe Losses

EMC Insurance Group Inc. incurred $18.5 million in estimated pretax catastrophe and storm losses in the fourth quarter, it said in a statement. It attributed the entire amount to its reinsurance . . .

-- This content requires registration --

Already registered?

Not registered?

Register for free

Mergers And Acquisitions California Losses Catastrophes Property And Casualty Insurers

Reprints & Redistribution

Latest News

MARINE
Resolve Marine Picks McGill as Baltimore Container Ship Salvage Broker
Apr 18, 2024 04:54 PM (EDT)

PEOPLE IN INSURANCE
Generali Approves New Organizational Structure
Apr 18, 2024 03:48 PM (EDT)

LLOYDS
MGA Macquarie Insurance Facility Gets Approval as Lloyd's Coverholder in Expansion
Apr 18, 2024 03:40 PM (EDT)

CALIFORNIA
California Bill Would Require Insurers to Consider Fire Mitigation When Setting Coverage, Rates
Apr 18, 2024 03:21 PM (EDT)

CROP INSURANCE
PIA Backs Backs Measure in Congress Bringing Back Inflation Adjustment for Crop Insurance
Apr 18, 2024 03:05 PM (EDT)

More from Best’s News

Trending

1

SURETY
Knight Specialty Insurance: $175 Million Trump Bond Secured; Former President Put Up Collateral
Apr 17, 2024 12:20 PM (EDT)

2

EARTHQUAKES
Verisk Engineer: Recent Minor Seismic Events Remind Earthquakes Can Occur Anywhere
Apr 17, 2024 11:38 AM (EDT)

3

EARNINGS
Travelers First-Quarter Net Income Rises to $1.12B Despite Higher Cat Losses
Apr 17, 2024 11:00 AM (EDT)

4

SPECIAL REPORT
Best’s Special Report: Benefits and Reserves Outpace Revenue Growth, Dampening Earnings for Publicly Traded US Life/Annuity Insurers
Apr 17, 2024 08:03 AM (EDT)

5

SPECIAL REPORT
Best’s Special Report: Heightened Risk Landscape Creates New Challenges for Reserve Management
Apr 16, 2024 07:38 AM (EDT)

1

FINANCIAL CONDITION
R&Q Warns of 'Significant' Loss on Reserve Development, Agrees to JV Sale
Apr 12, 2024 01:32 PM (EDT)

2

EMPLOYEE TERMINATION
Insurance Industry Layoffs: USAA Cuts 220 Positions
Apr 11, 2024 01:57 PM (EDT)

3

PEOPLE IN INSURANCE
Guy Carpenter Hires Partner Re Exec as MD, Credit, Bond and Political Risk, Global Specialties
Apr 11, 2024 11:56 AM (EDT)

4

HOMEOWNERS POLICIES
State Farm Homeowners Nonrenewals Hit Los Angeles Counties
Apr 11, 2024 10:35 AM (EDT)

5

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

BUSINESS INTERRUPTION INSURANCE
Citing Taylor Swift, Court Shreds Metallica's Hope for Recovering COVID Losses
Mar 21, 2024 02:29 PM (EDT)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

PEOPLE IN INSURANCE
In Memoriam: Insurance Industry Leaders Who Passed Away in 2023
Dec 29, 2023 11:20 AM (EST)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
002808	EMC Reinsurance Company
002161	Employers Mutual Casualty Company

BEST'S CREDIT RATING ACTION
AM Best Downgrades Issuer Credit Ratings of Employers Mutual Casualty Co and Certain Subs; Affirms Financial Strength Ratings
Nov 03, 2023 01:12 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Withdraws Credit Ratings of EMC Reinsurance Company
Oct 03, 2022 03:06 PM (EDT)

REINSURANCE
EMC Exits Assumed Reinsurance Business, Cuts 65 Jobs
Sep 28, 2022 02:19 PM (EDT)

AM Best Revises Outlooks to Negative for EMC Reinsurance Co.; Affirms Credit Ratings of Employers Mutual Casualty Co. and Sub.
Dec 11, 2020 09:08 AM (EST)

EMC Insurance Cos. Names Successor as President and CEO Retires
Dec 10, 2019 12:08 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html