Financial Services Industry
Industry: Email Alert RSS FeedBest's attacks data 'misinterpretations.' (A.M. Best Co.; misinterpretation of published data)
National Underwriter Property & Casualty-Risk & Benefits Management, September, 1989 by Knowles, Robert G.
Best's Attacks Data `Misinterpretations' A.M. Best Co. has published an editorial saying it cannot act as "an industry truth squad," constantly checking the use of its data and rebutting "egregious misinterpretations." The editorial was printed in the Sept. 11 "perspectives" edition of the weekly Best's Insurance Management Reports.
It was signed by Paul Wish, writing for company management. "Now that debate over insurance issues has become heated and involves public and political polemics among advocates, adversaries and antagonists, it is frustrating--and sometimes downright embarrassing --to see the A.M. Best Company, Oldwick, N.J., cited as the authoritative source of information which has been badly twisted in its application or interpretation," wrote...
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