AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Ocean International Reinsurance Company Limited. Ocean Re is a Barbados- based reinsurer, licensed as a Class 2 insurance company, which offers a diversified product mix worldwide with a major presence in Latin America. Ocean Re foresees significant growth…
Newswires
The following analysis discusses our financial condition as of September 30, 2021, compared with December 31, 2020, and our consolidated results of operations for the three and nine months ended September 30, 2021 and 2020, prepared in conformity with U.S. GAAP. The discussion should be read in conjunction with our Form 10- K, for the year ended December 31,…
"Hawkins exploited the pandemic to defraud the State of Michigan and United States for her own personal gain," acting U.S. Attorney Saima Mohsin said in a news release. Hawkins of Detroit is the first defendant in Michigan to be sentenced who was charged with stealing unemployment insurance funds during the pandemic. Nearly 40 people have been charged in…
Aflac Incorporated and its subsidiaries desire to take advantage of these provisions. This report contains cautionary statements identifying important factors that could cause actual results to differ materially from those projected herein, and in any other statements made by Company officials in communications with the financial community and…
Oscar Announces Partnerships with HCA Healthcare to offer seamlessly connected health insurance and care across El Paso, San Antonio, Austin, Houston, and Dallas-Fort Worth, Texas. Oscar Individual and Family plans will be offered through the ACA marketplace throughout the El Paso, San Antonio, Austin, Houston, and Dallas-Fort Worth regions. Members will…
"Hawkins exploited the pandemic to defraud the State of Michigan and United States for her own personal gain," acting U.S. Attorney Saima Mohsin said in a news release. Hawkins of Detroit is one of the first defendants in Michigan to be sentenced who was charged with stealing unemployment insurance funds during the pandemic. Nearly 40 people have been charged in…
As part of his quest to reach the grassroots, the Kingsley Femi Fanwo Foundation recently procured health insurance for widows. Kingsley Femi Fanwo, who is the Kogi State Commissioner for Information and Communications, the foundation is committed to community development, educational support and healthcare of rural people. According to him, "the KFF is a…
Compare-autoinsurance.org has launched a new blog post that presents the differences between car insurance full coverage and liability car insurance. For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/what-are-the-differences-between-full-coverage-car-insurance-and-liability-car-insurance/.
In states like North Carolina which have not expanded Medicaid to more low-income people, the White House said the compromise plan would make millions of those people eligible for tax credits to pay premiums on Affordable Care Act health insurance plans. Currently, according to a White House statement, "A 40- year old in the coverage gap would have to pay $450 per…
Obiano spoke during the launch of a Mobile Technology Health Insurance Platform and Data Operations Centre, in Anambra State, which was witnessed by development partners, including United Nations Resident Coordinator and Humanitarian Coordinator in Nigeria, Mr. Edward Kallon; World Health Organisation Country Representative, Dr Walter Kazadi Molondo;…
–Athene Holding Ltd., an industry-leading financial services company, has closed a transaction in which it is the lead investor in a combination of Wheels, Inc. and Donlen, LLC. Wheels Chief Financial Officer Shlomo Crandus will lead the new company as CEO, and both the management team and Board of Directors will contain representatives from Donlen and Wheels.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Western Pacific Mutual Insurance Company, A Risk Retention Group. The ratings reflect WPMIC’ s balance sheet strength, which AM Best assesses as strongest, its adequate operating performance, limited business…
Georgia's two Democratic U.S. senators said Tuesday they are still working to include a massive Medicaid expansion provision in the Senate's final spending bill. "We are united in this push and to doing everything we can to ensure that our constituents who lack health insurance, have access to health care and to close the circle on the Affordable Care Act by…
Tifton, GA—- 10/28/2021– The Brownlee Agency has many customers contacting them to request cheap car insurance or the lowest-priced home insurance. However, the agency states this is not a solution for long-term insurance needs. While customers may think obtaining insurance is a one-time or event-driven need, their insurance needs will significantly change…
On October 27, 2021, The Hartford Financial Services Group, Inc. entered into an Amended and Restated Credit Agreement, among the Company, Bank of America, N.A., as administrative agent, JPMorgan Chase Bank, N.A., Citibank, N.A., U.S. Bank National Association and Wells Fargo Bank, National Association, as syndication agents, and Merrill Lynch, Pierce, Fenner& Smith…
For Miami Beach, it’ s the latest challenge to efforts to deal with rising seas— and an example of the legal hurdles that cities around the state may face as they plan for the future. The City has not been served with the complaint, but once we are, we will proceed accordingly,” city spokesperson Melissa Berthier said in a statement. Miami Beach faces more than two feet of…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Brit Reinsurance Limited. The ratings also benefit from the implicit and explicit support of its intermediate parent, Brit Limited, and its ultimate parent, Fairfax Financial Holdings Limited. Brit Re, first incorporated in Gibraltar in 2007 and re-domiciled…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of CIGNA Global Insurance Company Limited. The outlook of these Credit Ratings is stable. Furthermore, the ratings of CGIC factor in ratings lift from its ultimate parent, U.S.- based Cigna Corporation.
FORWARD-LOOKING STATEMENTS This quarterly report on Form 10- Q contains forward-looking statements regarding our business, financial condition, and results of operations within the meaning of Section 27 A of the Securities Act of 1933, or Securities Act, and Section 21 E of the Securities Exchange Act of 1934, or Securities Exchange Act.
