Around the P&C insurance industry: March 19, 2025

Issuer credit rating downgrades on U.S. property/casualty insurers leveled off to 43 in 2024, compared with 55 in the previous year, despite the ongoing challenging conditions in the personal lines segment, according to a new AM Best special report.

Venbrook Group has been named a managing general agent for Crum & Forster‘s accident & health division. C&F is a leading national commercial property & casualty, accident & health and specialty insurer. In addition, Venbrook also announced the launch of the company’s first international travel practice as the first program under the new agreement. The practice will be led by industry veterans Curt Carlson and Eric Adair.