Management’s Discussion and Analysis of Financial Condition and Results of Operations addresses the financial condition of Hartford Life Insurance Company and its subsidiaries as of and for the year ended December 31, 2011 compared with the comparable December 31, 2010 period. Management’s narrative analysis of the results of operations is presented…
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Management’s Discussion and Analysis of Financial Condition and Results of Operations addresses the financial condition of The Hartford Financial Services Group, Inc. and its subsidiaries as of December 31, 2011, compared with December 31, 2010, and its results of operations for each of the three years in the period ended December 31, 2011.
Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. On February 22, 2012, our parent, General Electric Capital Services, Inc. was merged with and into, GECC. The merger simplified General Electric Company’s financial services’ corporate structure by consolidating financial services…
A California insurance marketing organization is recruiting hundreds of agents to sell life insurance and annuities to the growing Hispanic market. Ellis said his company is partnering with Julie Stav, a personal financial adviser and host of the radio show Tu Dinero con Julie Stav, to train the agents and provide support with a program called Tu Seguro con…
The following discussion and analysis of our consolidated financial condition and results of operations should be read in conjunction with the “Forward-Looking Statements,” our Consolidated Financial Statements and Notes that follow and the “Consolidated Five-Year Summary of Selected Financial Data” and the “Risk Factors” included in our Annual Report on…
The consolidated financial statements of General Electric Company combine the industrial manufacturing and services businesses of General Electric Company with the financial services businesses of General Electric Capital Services, Inc.. Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange…
Ironshore Inc., a Hamilton, Bermuda- based broker-sourced speciality property/casualty insurer, is opening an office in Boston to handle the company’s East Coast distribution of wholesale insurance. The office will serve New England, New York, Atlanta and the mid-Atlantic regions, the company said in a statement. Ironshore was formed in Bermuda in 2006 to…
You should read the following analysis of our consolidated financial condition and results of operations in conjunction with the Forward-Looking Statements included below the Table of Contents, “Risk Factors,” “Selected Financial Data” and the Consolidated Financial Statements included in this Annual Report on Form 10- K. Overview Prudential Financial…
The following is a discussion of our results of operations, financial condition, and liquidity and capital resources as of and for the year ended December 31, 2011. Consolidated Operating Results 60 Prior Period Development 63 Segment Operating Results 67 Net Investment Income 75 Net Realized and Unrealized Gains. Political Risk, Trade Credit, and…
A.M. Best Company has made the following rating update:. Company: Liberty Bankers Life Insurance Company. To obtain more information about this company, please visit:.
We are a multi-state managed healthcare company focused on serving people who receive healthcare benefits through publicly funded healthcare programs, including Medicaid, Children’s Health Insurance Program, Medicaid expansion programs and Medicare Advantage. We were founded in December 1994 with the objective of becoming the leading managed care…
New Flood Maps Show Current Risks in Burnet County, Texas. DENTON, Texas– Burnet County, Texas homeowners, business and residential renters, and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums before new flood insurance rate maps go into effect. “While many people are required by mortgage and…
Town of Pink Hill, N.C. joins National Flood Insurance Program. ATLANTA, Ga.– The town of Pink Hill in Lenoir County, N.C. is now a participating community in the National Flood Insurance Program, which means those living and working in the town can purchase federally-underwritten flood insurance. On January 26, Pink Hill joined nearly 21,000 communities…
Concurrently, A.M. Best has assigned an FSR of B- and an ICR of“ bb-” to another Liberty Bankers subsidiary, The Capitol Life Insurance Company. While management also has been focusing on reducing some of Liberty Bankers’ less liquid alternative investments, A.M. Best remains concerned with its relatively high level of real estate-related investments, which…
“The National Underwriter Life& Health Industry Elite Awards recognize those agents, brokers/wholesalers, or carriers who, through their actions, most meaningfully advance the business, practice and culture of the Life and Health Insurance world,” said Bill Coffin, editor of National Underwriter Life& Health. ” The deadline for nominations is Monday, April 30,…
Such statements are by nature subject to uncertainties and risks, including but not limited to: an increase in the frequency or severity of accidents or other claims; unfavorable development 21——————————————————————————– of existing accident claims; dependence on third party insurance companies; dependence on independent commission sales agents; dependence on third party capacity…
A.M. Best Co. has affirmed the financial strength rating of A and issuer credit rating of“ a” of Energas Insurance Limited. The ratings also recognize the strategic role of Energas as the primary insurance carrier for its ultimate parent, Petroliam Nasional Berhad; the role of Energas as an integral component in the overall risk management program of the group;…
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“ aa-” of Mutual Assurance Society of Virginia. The revised outlook of Mutual Assurance reflects the weakening trend of total returns on surplus over the past several years driven by volatile investment markets, which may…
Feb. 24– Christi Haught will run for Crawford County tax assessor, according to a news release. She was office manager for Ron Haught’s State Farm Insurance in Alma and has served as an agent for Nationwide Insurance and DC Capital Insurance Service Inc. She is a co-owner of Capital Field Services Inc.. The citizens of Crawford County can be certain that my office…
