TITLE

Past Sins, Weak Economy Extend Long-Term Care Writers' Struggle

PUB. DATE
May 2010
SOURCE
Best's Review;May2010, Vol. 111 Issue 1, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the individual long-term care (LTC) market sector in the U.S. It notes that A. M. Best Co. Inc., a rating agency, continues to have a pessimistic view of the segment and it downgrades and gives negative outlooks to many other smaller LTC products. It states that larger companies with more diversified and greater access to capital are less likely to be affected by the performance of their older LTC blocks and their ratings remained stable.
ACCESSION #
50613542

 

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