A.M. Best has assigned a financial strength rating of A- and an issuer credit rating of “a-” to United National Casualty Insurance Company. The outlook reflects A.M. Best’s view that business plans are reasonable given management’s operating assumptions and the financial support of CGB Enterprises, Inc.. While United is well positioned at its current rating…
Newswires
HSA Bank, a division of Webster Bank, N.A. and a provider in Health Savings Account administration, announced a that it will offer more choices for consumers to save and pay for healthcare, dependent care, and commuter expenses on a pre-tax basis. According to a release, working with benefit technology partner Evolution1– an electronic payment, on-premise, and…
Sonatype, a software company that enables developers to build software applications while significantly reducing security, compliance, and licensing risks, announced that it continues to find its software in high demand. According to a release, the company credits this momentum to an increasing awareness of the urgent need to address the risks associated…
Softchoice, a technology solutions and services provider, announced the appointment of Steven Gaeta as Vice President of Sales for the Company’s US East region. “We are thrilled to welcome Steven to Softchoice,” said David MacDonald, President and CEO, Softchoice. “I believe his experience in developing strong client relationships, his knowledge of the channel…
NARTech announced that it has been appraised at the CMMI Institute’s Capability Maturity Model Integration Level 5.. According to a release, this CMMI Level 5 appraisal places NARTech among the Top 5.6 percent of companies in the US and among the Top 7.4 percent CMMI appraised companies in the world, according to the CMMI Institute’s Published Appraisal…
American Water, a U.S. water and wastewater utility company, announced that its American Water Resources subsidiary is offering Water Line and Sewer Line Protection Programs to homeowners in Arkansas. So we are pleased to be working in Arkansas to educate homeowners about service line responsibility and to offer programs that help protect them from the…
American workers view themselves as more physically fit than financially fit, according to new research…
The upgrading of the ICRs of Ally Insurance reflects the improved financial performance of its ultimate parent, Ally Financial, Inc.. Historically, mortgage lending was a significant portion of Ally Financial’s operations and was primarily conducted through its Residential Capital subsidiary. In addition, in April 2014, Ally Financial issued a $2.38…
“We can’t just pick up the phone and start dialing, we have to put that plan in place with a strategic process,” said Nick Kormos, a senior sales management consultant at Ohio- based MarshBerry. Regulators Respond to National, Global Pressure: U.S. state regulators, attending the New York City Bar Association’s annual regulatory conference, say the U.S. system of…
Farmers Insurance and CIM Group announced that they have entered into a sale and partial lease-back of the 10- acre Wilshire Boulevard campus. “We are excited about our progress in transitioning our employees to the newer, more modern Farmers Plaza at Warner Center– a move that will offer a more contemporary, engaging work environment for our employees and also…
A.M. Best has affirmed the financial strength rating of A and issuer credit ratings of “a” of Republic Indemnity Company of America and its 100 percent reinsured subsidiary, Republic Indemnity Company of California, as well as RICA’s 100 percent reinsured affiliates, Bridgefield Employers Insurance Company and its subsidiary, Bridgefield Casualty…
The campaign centers on a matching gift program in which Arbella matches donations from any of its nearly 500 independent agents on a two-to-one basis. Over the past six years, hundreds of donations from independent agents have helped Arbella’s Foundation raise nearly $500,000 for local food pantries, soup kitchens and food programs across more than 100 New…
Cancer Treatment Centers of America has announced the appointment of Kristin Darby, CPA, MBA, as its Chief Information Officer. She began her career at Fresenius Medical Care, the largest dialysis products and service provider worldwide, where she held a variety of both regional and national positions, and was the Director of Information Technology before…
Based on a six-week jury trial, the United States District Court for the Northern District of Texas has entered a $3.8 million judgment in favor of Allstate Insurance Company. The RICO complaint filed by Allstate alleged an intricate multi- state scheme involving the operation of chiropractic clinics, law offices, and telemarketing entities, in Texas,…
SpringCM, a provider of Content Cloud Services, announced that it has received $18 million in funding from existing investors including Foundation Capital as well as new financial partners including Square 1 Bank and Fort Worth- based Goff Capital. “There is a tremendous opportunity to help companies do more than simply store and share content in the cloud,”…
A.M. Best has affirmed the financial strength rating of A++ and the issuer credit ratings of “aaa” of The Northwestern Mutual Life Insurance Company and its subsidiary, Northwestern Long Term Care Insurance Company. Concurrently, A.M. Best has affirmed the debt rating of “aa” on the outstanding $1.75 billion 6.063 percent surplus notes due 2040 of Northwestern…
A.M. Best has affirmed the financial strength rating of B+ and issuer credit rating of “bbb-” of PVI Reinsurance Joint-stock Corp.. The ratings reflect PVI Re’s solid risk-adjusted capitalization, favorable operating results and the support from major shareholders of PVI Holdings. The major shareholders of PVI Holdings-Vietnam National Oil& Gas Group, Talanx…
Express Glass Repair and Board Up Services, a top Ft. Lauderdale Sliding Glass Door repair company, is proud to announce that they have received strong positive response to a recent an informative piece on’ 5 Tips on how to Choose an Sliding Glass Door Repair Service in Ft. Lauderdale, Florida’ to their blog. Lauderdale property owners who need sliding glass repair,…
An Indiana University conference May 9 will examine its opportunities for life sciences companies as well as consumers. “The use of business analytics is revealing a wide range of insights across a variety of industries,” said George Telthorst, director of the Center for the Business of Life Sciences in Indiana University’s Kelley School of Business.
