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Private Credit Could Amplify Shock in Next Crisis, Fitch Says

by lpiccitto | Sep 30, 2025 | Uncategorized

Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the financial system with negative repercussions for a broad range of investors, according to Fitch Ratings. The fast-growing asset class has already...

The Fidelis Partnership Launches Accident & Health MGA, Corsiam

by lpiccitto | Sep 30, 2025 | Uncategorized

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Corsiam Specialty Ltd., a new accident & health managing general agent (MGA). Backed by The Fidelis Partnership Syndicate 3123...

Insurance Industry, Others Press Congress to Act on NFIP at Deadline

by lpiccitto | Sep 30, 2025 | Uncategorized

Organizations representing the insurance, real estate, mortgage banking, financing, and property management industries sent a letter to Congressional leaders calling for quick action to extend the National Flood Insurance Program (NFIP). The program expires at the end...

Central Texas Floods Reveal Need to Improve Disaster Response in Unincorporated Areas

by lpiccitto | Sep 30, 2025 | Uncategorized

Rain was already coursing through the usually dry creek near Abraham Stallins’ home in the Texas Hill Country when a flash flood warning lit up his phone. It was just after midnight on July 5, and many neighbors were sleeping, …

AM Best Revises Issuer Credits Rating Outlook to Stable for Grinnell Mutual Group

by lpiccitto | Sep 30, 2025 | Uncategorized

AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of the members of Grinnell …
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