Playback Now Available for AM Best-Hosted Webinar on How Insurance Carriers Can Outsmart Cybercriminals
In today's digital-first insurance landscape, cybercriminals are becoming more sophisticated — exploiting vulnerabilities in identity verification systems and targeting carriers with increasingly complex fraud schemes. Traditional defenses are no longer enough.
In this one-hour webinar, a panel of insurance and technology experts explores how to build a resilient fraud prevention strategy using a multi-layered identity fraud management solution. Discover how integrating behavioral biometrics can add a powerful layer of protection—analyzing user behavior in real time to detect and stop fraud before it happens.
Panelists include:
Jennifer Kostyrna, director, product management, LexisNexis Risk Solutions
Flavio Villanustre, SVP and chief information security officer, LexisNexis Risk Solutions
Mike Jones, vice president of security platform services, Nationwide
Visit our information page to learn more about AM Best's webinars.
www.ambest.com.
Copyright © 2025 by A.M. Best Company, Inc. and/or its affiliates.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
Ramsey says Houston woman has a ‘broken marriage' after she admits her and husband are ‘financially abusive'
It's rare for a caller to leave Dave Ramsey speechless — but that's exactly what happened when Quinn from Houston, Texas, phoned into The Ramsey Show. "Am I the financial abuser in my marriage, or is it actually my husband?" she asked during a recent episode. 'Whoa! Harsh words have been spoken,' Ramsey replied. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Quinn explained that her husband, a software engineer earning $140,000, has been actively applying for roles paying around $165,000. She, meanwhile, earns $50,000 per year, receives inconsistent child support from a previous marriage, and is attending graduate school. Despite being married for two years, the couple keeps their finances entirely separate — at his insistence. He argues that she has more money in her bank account while he's stuck covering most household bills, leaving him with less. Quinn also noted that he recently bought an expensive car, against her advice. Ramsey and co-host George Kamel weighed in on the situation — and didn't hold back. What did Dave Ramsey say? 'There's no abuse here. It's just stupidity,' Kamel said bluntly. Ramsey added that the issue wasn't about bank balances — it was that the couple was acting like roommates instead of a married team. Financial abuse is a serious matter, the hosts clarified — but that wasn't the case here. True financial abuse involves deliberately restricting a partner's access to money or employment. That can include giving one partner an 'allowance,' forbidding them to work, racking up debt in their name, refusing to contribute to shared expenses, or cutting off access to joint accounts. In this case, both partners have income, bank accounts, and financial autonomy — just not unity. What they really had, Ramsey said, was a broken marriage dynamic. 'You are no longer roommates,' he told Quinn. 'You don't have 'your savings' or 'my savings.' We have 'our problems' and 'our opportunities' and 'our savings' and 'our income.'' 'Seperate accounts do not solve problems, they just conceal them,' Kamel added. 'Joint accounts don't solve problems, but it does expose them — and that's a good thing.' The solution? Combine finances, set shared goals, and stop going 'tit for tat' with money, which only breeds resentment. Ramsey also recommends marriage counseling. While this situation was extreme, it highlights a common struggle: many couples lack a shared language around money. Read more: Nervous about the stock market? Gain potential quarterly income through this $1B private real estate fund — even if you're not a millionaire. How to navigate money conversations with your partner Many couples argue about money. According to Fidelity's 2024 Couples and Money study, 45% of couples argue about finances at least occasionally, and 25% say it's their biggest relationship challenge. And it's not just about arguments — frequent financial conflict can increase your risk of divorce, too. Couples that argue about money at least once a week are 30% more likely to divorce. Working through financial tension in a marriage isn't easy, but it is possible. Here are a few strategies to help you get started. Set goals together Have an open and honest conversation about what matters to both of you. Set aside blame and focus on shared priorities. Are you saving for a house? Paying off debt? Shared goals help you unite and tackle challenges — not each other. Consider a joint account Turning "my money" and "your money" into "our money" can help shift the dynamic from competitive to collaborative. It doesn't work for every couple, but it can make managing finances easier. If full integration feels too overwhelming, start with a joint account funded with a percentage of each partner's income, used for savings and household expenses. Acknowledge personality differences One of you might be a spreadsheet-loving saver; the other, a carefree spender. Instead of fighting, use those differences to create balance. The key is mutual respect and shared input — no one should be left in the dark or pushed into decisions they don't support. Don't let salary differences breed resentment Whether one of you earns significantly more or one stays home with the kids, both are contributing. Unpaid labor has real value, and both partners deserve an equal voice in financial decisions. The reality is that marriage and money come with challenges. But creating a shared vision can help both partners feel respected, supported, and heard. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
11 hours ago
- Business Wire
Air Canada-CUPE Negotiations End in Impasse
TORONTO--(BUSINESS WIRE)--Negotiations between CUPE and Air Canada have ended in impasse. Air Canada still refuses to compensate flight attendants for all hours worked. The union has been firm: all safety-related duties should be paid at full hourly rate. Air Canada does not agree. On wages, Air Canada's last offer will still leave flight attendants living below poverty levels for many years to come. We are heartbroken for our passengers. We do not want to go on strike, and we do not want to be locked out, but it is clear that Air Canada has no incentive to bargain. Rather, Air Canada has refused to bargain in good faith due to the likelihood of the federal government using Section 107 of the Canada Labour Code to interfere in negotiations and have a contract imposed by an outside third-party arbitrator.
Yahoo
12 hours ago
- Yahoo
AM Best Revises Outlook to Negative for Star Mutual Risk Retention Group, Inc.; Affirms Credit Ratings
OLDWICK, N.J., August 15, 2025--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term ICR of "bbb-" (Good) of Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN). The Credit Ratings (ratings) reflect Star Mutual's balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The negative outlook reflects concerns regarding pressure on Star Mutual's risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), due to the company's rapid growth trajectory, which has significantly exceeded projections. Premium volume grew by over 150% in 2024, significantly outpacing surplus growth, driven largely by rapid expansion in policies in force and entry into new jurisdictions. While this growth has enhanced the company's market presence, it has also strained capital adequacy in the near term, raising concerns about the management of growth within its volume of risk insured and risk tolerance. Forward-looking projections indicate improvement, but AM Best believes execution risk remains elevated. In recent years, Star Mutual has continually strengthened its underwriting framework through the development of additional rating factors aimed at mitigating high-risk drivers and operators. These enhancements, along with increased visibility from the company's AM Best rating and expanded operating geography, have allowed Star Mutual to attract more diverse and preferred risks. The company continues to utilize and integrate additional enhancements to its proprietary underwriting platform that supports its risk mitigation strategy. AM Best acknowledges Star Mutual's efforts to further improve its overall risk selection and portfolio quality; however, the effectiveness of these controls will continue to be evaluated as the company scales further. Negative rating actions may occur in the near term if there is deterioration in balance sheet strength metrics such that they no longer support the current assessment. Negative rating actions may also occur if unexpected or material variances from projections persist. Although unlikely, positive rating actions could occur if surplus growth exceeds growth in premiums to better support the book of business and results in an improvement in overall balance sheet strength metrics. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Luke Davies Financial Analyst +1 908 882 2467 Daniel Teclaw Director +1 908 882 2390 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318
