The Business Journal recognized 83 companies at its Best Places to Work Awards luncheon on Nov. 5. GEICO was honored in the extra-large category, which includes Houston- area employers with more than 400 employees. “Our Katy employees have built this office since it opened in 2014, and this recognition belongs to them,” said Yvonne Obeng-Curwood, head of claims…
Both companies are domiciled in Brazil. Junto Re is classified as a local reinsurer in Brazil, and mainly operates as a captive reinsurer for Junto Seg, an organization that has been writing surety directly for more than two decades. Junto Seg is the market-facing company of the group and the leading surety writer in Brazil.
Golden Tree is a subsidiary of Iris Financial Services Limited and is owned ultimately by Springbrook Capital Ltd., a private holding company with diversified operations in insurance and financial services. The stable outlook of the FSR reflects AM Best’ s expectation that Golden Tree will be able to maintain its solid balance sheet strength driven by…
The MJ Companies, a risk management consulting firm recognized as a Top 100 agency by Business Insurance, and Outmarket, the leading AI platform purpose built for insurance, today announced the successful results of their strategic partnership. By integrating Outmarket’s platform into its operations, The MJ Companies has significantly reduced the time…
Get Started 74% of retail CFD accounts lose money Read Review. Day traders who were trying to ride momentum upwards in the precious metal have been confronted by inflation data in the U.S which caused a nervous reaction by financial institutions as they obviously began to acknowledge it appears the U.S Federal Reserve will like raise interest rates in…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Lancashire Insurance Company Limited and Lancashire Insurance Company Limited. Additionally, AM Best has affirmed the Long-Term ICR of“ bbb+” of the parent company, Lancashire Holdings Limited. The outlook of these Credit Ratings is stable.
U.S. auto and general liability insurers incurred an estimated $274.8 billion to $337 billion in additional losses and related expenses between 2016 and 2025 beyond what general economic inflation alone can explain due to the escalating impacts of legal system abuse, according to updated research from the Insurance Information Institute.
Oscar Health, Inc. (NYSE: OSCR) is the focus of IBN’s latest stock spotlight. The company’s shares have moved -2.34% on the day to $31.36. Oscar Health, Inc. operates as a health insurance provider across the United States. Its offerings include various health plans such as those for individuals and families, small businesses, and Medicare Advantage […]
A new Best’ s Special Report addresses frequently asked questions about AM Best’ s treatment of cell captive insurance companies and other alternative risk transfer entities within the framework of its Best’ s Credit Rating Methodology. The original source-language text of this announcement is the official, authoritative version. Translations are…
Duet, the largest network of nurse practitioner-owned primary care practices in the U.S., today announced a $15 million Series A funding round, bringing its total raised to date to $22.5 million. Duet also announced plans to launch the first-ever NP-led Medicare Accountable Care Organization in 2027, putting NP practices at the center of a care model…
Sidecar Health today announced that it has been named a finalist for the 2026 Fierce Innovation Awards in the Financial Solutions category. Sidecar Health offers ACA-compliant major medical health insurance without network restrictions or prior authorization. “Patients have never had a way to easily know what a doctor’ s visit costs before they walk in,” said…
Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that domusIQ, an AI-native platform offering property risk advisory and real-time monitoring technology, has adopted Insurity’s SpatialKey platform to power its underwriting and risk intelligence capabilities.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Marble Reinsurance Corporation. The outlook of these Credit Ratings is stable. For fiscal-year ending 31 March 2026, the company recorded a moderate increase in premium income, primarily driven by the growth in its captive business and the commencement of…
ALBANY— New Yorkers can begin renewing their health insurance or enrolling in a new policy for 2027 through the state-run marketplace beginning Nov. 1, when the state's open enrollment period begins. More than 800,000 New Yorkers are up for renewal this enrollment season, including those enrolled in individual and small group market plans, according to the…
That should be Imperial County's standard for judging California's new dental insurance law: not whether the paperwork improves, but whether patients can get treatment without having to pay the entire bill upfront and wait for reimbursement. But California should not mistake a better payment process for a solution to the larger problem of access to dental…
Accelerant Holdings, the data-driven risk exchange platform transforming the specialty insurance marketplace through the Accelerant Risk Exchange, today announced financial results for the third quarter ended September 30, 2026. We remain excited about our pending transaction with Thoma Bravo and continue to expect a first half 2027 close.”.
