Pune, Maharashtra—- 07/13/2023– According to HTF Market Intelligence, the Global Business Credit Insurance market to witness a CAGR of 6% during forecast period of 2023-2028. The market is segmented by Global Business Credit Insurance Market Breakdown by Application by Type by Industry Vertical by Distribution Channel and by Geography.
Newswires
The people who went through Medicaid redetermination last month represent the largest group yet to go through the process in Georgia. All 2.7 million adults and children covered by Medicaid in Georgia must go through the renewal process, which is a massive undertaking that states have until next May to complete. As many as 545,000 people in Georgia could lose…
–Hourly.io, a fast-growing startup that is committed to fixing workers' comp for businesses with hourly and mobile workers, has teamed up with insurance and financial services provider Nationwide to expand its workers' comp and payroll service. In this alliance, Hourly will serve as a Managing General Underwriter underwriting skilled trade businesses with…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Seguros Catalana Occidente, S.A. de Seguros y Reaseguros, Bilbao, CompañĂa AnĂłnima de Seguros y Reaseguros, S.A. and Plus Ultra Seguros Generales y Vida, S.A. de Seguros y Reaseguros. All three companies are wholly owned subsidiaries of Grupo Catalana…
The ratings reflect Atradius Mexico’ s strategic importance to the overall Atradius group, given its leading position within Mexico’ s credit insurance segment, its importance as a gateway to Latin America’ s insurance markets, good financial flexibility derived from its strong capitalization, supportive reinsurance provided by the group and its seasoned…
–INGUARD, a national insurance and risk management agency licensed in all 50 U.S. states, announced today that TCU Insurance is now part of the INGUARD organization and will go to market under the INGUARD brand. "I'm even more excited about our future now that the TCU Insurance team has joined INGUARD," said Schmitz. In September 2022, Teachers Credit Union, which is…
–The Hanover Insurance Group, Inc. recently was named to U.S. News& World Report's list of 2023-2024 Best Companies to Work For and was also recognized by the Disability Equality Index as a 2023 Best Places to Work for People with Disabilities. U.S. News& World Report ranked 200 publicly traded companies in its inaugural Best Companies to Work For list.
–Aon plc, a leading global professional services firm, and Mergermarket, a provider of intelligence, data and analysis of global M&A, today released the latest edition of their M&A Risk in Review series, covering the first half of 2023.. According to Aon and Mergermarket's survey of 50 senior executives from corporate development teams, private equity firms and…
Irving health insurance agent, says millions of people could be removed from Medicaid enrollment because of new policies. Irving health insurance agent, says it’ s too soon to tell if the Congressional Budget Office is correct about what might happen to Medicaid enrollment "– Rick Thornton IRVING, TEXAS, USA, July 13, 2023/ EINPresswire.com/– Irving health…
Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating of“ bbb” of the EUR 250 million, 5.25% subordinated fixed to floating rate guaranteed notes, due 2044, issued by Atradius Finance B.V. and unconditionally and irrevocably guaranteed on a subordinated basis by Atradius. The ratings of ACyC, ARe, ATCI and Atradius Mexico consider their strategic…
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Company and its affiliates: Princeton Insurance Company; PLICO, Inc.; Wellfleet Insurance Company; and Wellfleet New York Insurance Company; as well as MedPro’ s two reinsured…
A Georgia woman collected more than $39,000 in her dead mother’ s name, state officials say. Now the 32- year-old woman, of Dallas, faces multiple charges including insurance fraud, forgery and identity theft, according to Georgia Insurance Commissioner John F. King. Dallas is about 30 miles northwest of downtown Atlanta.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of National Reinsurance Corporation of the Philippines. The outlook of these Credit Ratings is stable. Despite some exposure to corporate bonds and equity investments, the majority of Nat Re’ s portfolio is composed of fixed income securities issued by the…
–Incline P&C Group, the premier insurance program market services firm, today announces the appointment of George Gorney to Chief Operating Officer. "With George's hiring, we are strengthening Incline P&C's leadership," says Chris McClellan, President, and CEO, Incline P&C Group. Gorney commented on the new role, " Incline P&C Group is fostering an innovative…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Munich Reinsurance Company and its subsidiaries. AM Best also has affirmed the Long-Term ICR of“ a” of Munich Re America Corporation and associated Long-Term Issue Credit Ratings. In 2022, Munich Re reported a net profit of EUR 3.4 billion.
–Today, NEXT Insurance, a leading digital insurtech transforming small business insurance, announced its integration with Ivans Download™ for General Liability and Workers' Compensation policies. This feature offers a seamless exchange of policy data between NEXT and its appointed agents, furthering the company's commitment to facilitating an efficient…
Kin, the direct-to-consumer home insurance company built for every new normal, today announced its expansion into Arizona. The Grand Canyon State marks Kin’ s first move into the U.S. Southwest, and it builds upon Kin’ s growth and success in coastal, catastrophe-prone states like Florida, Louisiana, South Carolina, Mississippi, and Alabama. “Climate change is…
Florida's uphill battle with insurance deepened Tuesday with the exit of another large firm— Farmers Insurance. The state's chief financial officer accused the company of "playing politics" and threatened some sort of unspecified retaliation while Florida Democrats called a press conference to blame Republicans for pushing a " $3 billion handout" to select…
BMIIC II is a newly formed entity domiciled in Puerto Rico. Both Puerto Rico and the Cayman Islands have approved in principle a transfer of financial position that will effectively shift all the assets and liabilities, as well as the policies from the Cayman entity to the Puerto Rico entity. As a result, AM Best is considering BMIIC II a continuation of the BMIIC…
