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A.M. Best Affirms Ratings of Blue Cross and Blue Shield of South Carolina

December 23, 2010

OLDWICK, N.J.–(BUSINESS WIRE)– A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings…

Janney Adds Five High-Profile Experts to Fixed Income Team

December 23, 2010

Firm continues expansion with veteran hires from leading financial institutions PHILADELPHIA–(BUSINESS WIRE)– Janney today announced the continued expansion of its…

HR Outsourcing Firm CPEhr Celebrates Holiday Season with Donations to Non-Profit Clients

December 23, 2010

LOS ANGELES, Dec. 23, 2010 /PRNewswire/ — In honor of the holidays, Los Angeles-based CPEhr, a human resources outsourcing firm,…

CPS Insurance Services Affiliates Serve On NAILBA’s 2011 Board Of Directors

December 23, 2010

Irvine, CA (Vocus/PRWEB) December 23, 2010 CPS Insurance Services (CPS) is proud to announce that PJ Doyle of CPS Gulf…

RoundPoint Financial Group Acquires $603 Million in Residential Mortgage Loans from FDIC

December 23, 2010

CHARLOTTE, N.C., Dec. 23, 2010</span> /PRNewswire/ — RoundPoint Financial Group officially announced today that that it has purchased a 40…

Fitch Assigns Initial Ratings to Caisse Centrale Desjardins and Capital Desjardins

December 23, 2010

NEW YORK–(BUSINESS WIRE)– Fitch Ratings has assigned a long-term Issuer Default Rating (IDR) of ‘AA-‘ and a short-term IDR of…

A.M. Best Affirms Ratings of USAA, Its Subsidiaries and USAA Capital Corporation

December 23, 2010

A.M. Best Co. has affirmed the financial strength ratings (FSR) of A++ (Superior) and issuer credit ratings (ICR) of “aaa” of United Services Automobile Association (USAA) (San Antonio, TX) and its property/casualty and life/health subsidiaries…

Munich Re Invests in German Wind Power Plants

December 23, 2010

As part of an ongoing investment project in renewable energy, Munich Re said it concluded a deal to invest in wind power plants in Germany. Through its asset manager, MEAG, Munich Re said it will acquire 40 wind turbines in 11 wind parks that will have an overall output of 73 megawatts.

FDA Issues Complete Response Letter for Lower-Volume Glatiramer Acetate sNDA

December 23, 2010

JERUSALEM–(BUSINESS WIRE)– Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) announced today that it has received a complete response letter from the U.S….

PacifiCare Halts $120 Million Dividend Amid Regulatory Pressure

December 23, 2010

PacifiCare Life & Health Insurance Co. put a proposed $120 million dividend payment to its parent company on hold under pressure from California insurance regulators seeking potential billions in fines…

M&M Agency CEO: Acquisition of Employee Benefits Specialist Brings Balance

December 23, 2010

David Eslick, chairman and chief executive officer of Marsh & McLennan Agency LLC, said his company’s acquisition of Trion Group Inc., the largest privately held employee benefits specialist in the United States, is all about balancing his company’s strengths…

Hannover Re Sells Clarendon to Bermuda Run-off Specialist Enstar Group

December 23, 2010

Hannover Re said it’s reached an agreement on the sale of all operational companies of its U.S. subsidiary Clarendon Insurance Group Inc. to Bermuda-based run-off specialist Enstar Group…

USI Holdings Corporation Acquires Mastors & Servant Risk Services

December 23, 2010

BRIARCLIFF MANOR, N.Y.–(BUSINESS WIRE)– USI Holdings Corporation (“USI”), today announced the closing of the acquisition of Mastors & Servant Risk…

A.M. Best Affirms Ratings of Al Ittihad Al Watani (L’Union Nationale) Societe Generale d’Assurances du Proche Orient sal

December 23, 2010

LONDON–(BUSINESS WIRE)– A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of B+ (Good) and the…

A.M. Best’s 2010 Regulatory Filing Software Download Available

December 23, 2010

OLDWICK, N.J.–(BUSINESS WIRE)– A.M. Best Co. has released the download package for the 2010 BestESP Services – US software, which…

Damen Shipyards Goes Live with IFS Applications

December 23, 2010

ITASCA, Ill.–(BUSINESS WIRE)– Damen Shipyards in Gorinchem, the Netherlands, has implemented IFS Applications to streamline its business processes throughout the…

Leading Analyst Firm Positions Tata Consultancy Services in the Leaders Quadrant for SAP ERP Implementation Services, North America

December 23, 2010

MUMBAI, India, Dec. 23, 2010 /PRNewswire/ — Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services,…

Hill & Knowlton has Agreed to Acquire Majority Stake in Global Tanitim Halkla Iliskiler A.S.

December 23, 2010

ISTANBUL, Dec. 23, 2010 /PRNewswire/ — International communications firm Hill & Knowlton has today agreed to acquire a majority stake…

A.M. Best Upgrades Issuer Credit Ratings of Fireman’s Fund Insurance Companies

December 23, 2010

OLDWICK, N.J.–(BUSINESS WIRE)– A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the…

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