AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of BMO Life Assurance Company. The outlook of these Credit Ratings is stable. The company distributes its products through a large network of sales agents across Canada and through direct-to-consumer channels.

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Life Insurance Corporation B.S.C. (c). These Credit Ratings reflect LICI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and…

Health costs are rising- impacting patients, employers and providers. The Health Security Act would enable New Mexico to create its own health plan, guaranteeing comprehensive coverage and provider choice for most residents. There are countries that guarantee health coverage, spend far less than the United States and have better health results.

Iowa Secretary of Agriculture Mike Naig is encouraging farmers and landowners who planted cover crops this fall to apply for the Crop Insurance Discount Program by Jan. 13, 2023. Eligible Iowa farmers and landowners can receive a $5 per acre discount on spring crop insurance premiums for cover crop acres located within Iowa. "Iowa farmers are continuing to…

Insurance industry leader James R. Boyle, who has served as President and CEO of both Foresters Financial and John Hancock, has been elected to the Mutual of Omaha Board of Directors, Chairman and CEO James Blackledge announced. “Jim Boyle brings a wealth of experience in insurance and financial services, strategic leadership, risk management and operational…

AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating and affirmed Financial Strength Rating of B and the Long-Term ICR of“ bb+” of Folgate Insurance Company Limited. The impact of the company’ s ultimate parent, Anglo London Limited, on Folgate’ s balance sheet strength assessment is neutral. Folgate reported a modest…

Colorado is among the states that made the most progress in a nationwide effort to connect kids with health insurance coverage during the pandemic, according to a report published Wednesday by the Georgetown University Health Policy Institute's Center for Children and Families. The number of uninsured children in Colorado dropped by about 12,000 between…

–Highstreet Insurance Partners announced today that it has acquired Alexandria, Virginia- based Clarke& Sampson Insurance. "We are delighted to have Bill Howard, Jeff Miller, Scott Jefferson and their talented team join us," said Scott Wick, Founder& CEO of Highstreet. Highstreet Insurance Partners is a full-service independent insurance agency.

As is the case with many owners of manufactured and mobile homes Florida, the Childresses don’ t have home insurance, so they will somehow have to cover the full cost of repairs themselves. “Homeowner’ s insurance is a continual challenge for the industry,” said Jim Ayotte, executive director of the Florida Manufactured Housing Association.“ The market is…

First Place– TBG– The Builders Group of Minnesota was awarded the $10,000 matching grant for the implementation of additional exoskeleton systems to reduce lifting-related injuries. The technology will assist in reducing or eliminating some manual material handling exposures that are necessary to perform essential tasks in the field. Second Place– BJC…

–CrowdHealth recently secured $6 million in Series A funding from Next Coast Ventures and Activate Venture Partners. CrowdHealth plans to reinvest that funding back into the company— growing the CrowdHealth community and providing more tools for members that want to take charge of their healthcare and affordably break free from health insurance.

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Etiqa General Insurance Berhad. The ratings also factor in a neutral impact from the company’ s ultimate majority ownership by Malayan Banking Berhad, one of the largest financial services groups incorporated, listed and domiciled in Malaysia.

Hamilton, NJ December 08, 2022—- Jeff Slivka, the President of RT Specialty "s Environmental and Construction Professional Practice, headed a trio of RT ECP presenters, who addressed the latest industry-related exposures, liability and risk management trends at the 42nd IRMI Construction Risk Conference held at The Cosmopolitan Hotel in Las Vegas, Nevada….

Many traditional life insurance policies require a medical exam. This process allows the insurer to gather an applicant’s health data to calculate premiums. However, medical exams can be inconvenient for many millennials who are busy with their careers and families. […]

–Strategic Risk Associates, a leading provider of integrated risk and performance management SaaS technology for the BFSI industry, has appointed David Dean as the company’ s Chief Revenue Officer, leading the company-wide sales strategy and SaaS software sales efforts. “With David leading the charge, SRA is now aligned to tackle our future with full force to…

In this role, he will be responsible for underwriting a portion of the company's Broker Assumed domestic portfolio, including the US treaty business with broker partners in Minneapolis and Boston. American Agricultural Insurance Company ranks among the top domestic reinsurers in the United States. The company is a direct provider of reinsurance to Farm…

Leading specialty insurers Great American Insurance Group and Hiscox USA announced today an expanded collaboration, along with Control Risks, a global specialist risk consultancy. “This agreement offers the best of all three providers to customers,” said Stephanie Hoboth, Divisional President– Fidelity/ Crime, Great American Insurance Group.“ They have…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Lonpac Insurance Bhd. The outlook of these Credit Ratings is stable. In 2021, the company’ s combined ratio improved driven by COVID-19-related movement restrictions in Malaysia.

Today, Advocates for Highway and Auto Safety was joined by Congresswoman Eleanor Holmes Norton and other safety leaders representing crash victims' loved ones, state officials, law enforcement, public health and insurance leaders to release the 2023 Roadmap to Safety. This comprehensive tool provides a guide for state legislatures, Congress, and the U.S….