In addition, A.M. Best has revised the outlook to positive from stable and affirmed the ICR of “bb-” of Phoenix, as well as all the debt ratings on the outstanding securities issued by the group.
Newswires
The ratings are based on Vine Court’s profile as a single parent captive of The Kroger Co., while exhibiting strong risk-adjusted capitalization, positive overall net income, a growing capital base, conservative investment results and a strong adherence to Kroger’s risk controls and the overall risk culture of Kroger.
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- and issuer credit rating of “a-” of Madison Mutual Insurance Company. Madison Mutual’s revised outlook reflects its poor underwriting performance in recent years, which has weakened its capitalization.
A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of A- and issuer credit rating of “a-” of Midwest Family Mutual Insurance Company. These rating actions reflect MFM’s trend of declining operating results and weakened risk-adjusted capitalization over the recent five-year period.
New clinical trial results demonstrated that using the VAP ® comprehensive cholesterol test in a disease management program for cardiac patients resulted in better patient care and significant direct medical cost savings.
Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., today announced the appointment of Joe Wee as Regional Construction Underwriter at Talbot Risk Services Pte Ltd. Mr. Wee brings specialist construction expertise to support the growth of Talbot in Asia after nine years with Allianz in a comparable regional role.
PowerGuard’s PowerClip Warranty Solution Adopted by Global Solar Energy Services Provider, SunEdison
PowerGuard Specialty Insurance Services announces that leading global provider of solar energy services, SunEdison, a client of retail insurance broker Lockton Companies, has joined the growing number of solar energy providers to adopt PowerGuard’s unique PowerClip extended warranty protection.
Summit Reinsurance Services, Inc. is pleased to announce the addition of Vice President and Lead Reinsurance Underwriter Shaun Peterson to its executive staff. Prior to that, he was a senior executive with HCC as vice president for reinsurance and chief actuary for Perico Life Insurance Company.
Over 200 organizations, community leaders, health care professionals, and people of faith from urban neighborhoods and inner-cities across the country today urged Express Scripts to get back to the negotiating table with Walgreens and allow the nation’s largest pharmacy chain to return to its’ network.
The Independent Insurance Agents of Georgia, Inc., Georgia’s largest association of insurance agents, announces its endorsement and partnership with Sovereign Risk Solutions to market and distribute Health Perx™ to its agency members, brokers and their clients.
CSC and Softheon announced a new software distribution agreement that will help healthcare professionals optimize efficiency and increase productivity.
Centene Corporation announced that its subsidiary, Coordinated Care Corporation, has been selected to contract with the Washington Health Care Authority to serve Medicaid beneficiaries in the state.
All of Cigna’s behavioral health care centers nationwide earned Full Accreditation from the National Committee for Quality Assurance in December 2011.
Amerigroup Corporation announced that it is expanding operations to the West Coast. Additionally, Amerigroup will participate in the state’s Basic Health program, which currently provides subsidized health coverage for approximately 40,000 low-income adults.
Waukesha, Wis. – January 25, 2012 – Indiana Insurance, a Liberty Mutual Agency Corporation regional company today announced the appointment…
Aflac Incorporated announced today that it will release fourth quarter financial results after the market closes on January 31, 2012. In conjunction with the earnings release, Aflac Incorporated will webcast a conference call scheduled for 9:00 a.m. on February 1, 2012.
Centennial, CO – January 25, 2012 – Colorado Casualty, a Liberty Mutual Agency Corporation regional company, today announced the appointment…
A bill that would make significant changes to Florida’s beleaguered personal injury protection no-fault automobile insurance coverage system is moving forward in the Florida House of Representatives…
Online auto insurance quotes provider 4autoinsurancequote.org released a study which reveals that insurance rates are rising due to the increase in texting while driving…
