AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Lumico Life Insurance Company. Additionally, AM Best has assigned an FSR of A and a Long-Term ICR of“ a+” to Lumico Life Insurance Company of New York. Lumico Life Insurance Company was acquired through Swiss Re’ s new iptiQ Americas, Inc. unit at the end of 2016, and…
Feb. 28– Feb. 28– Three people were injured Wednesday when two vehicles collided at the intersection of 770th Avenue and 255th Street, north of Albert Lea. Teranie Shian Riley, 23, of Albert Lea; Kamdyn Lane Trevino, 1, a passenger in her car; and John Scrabeck, 86, of Clarks Grove reportedly each sustained at least one injury deemed not life-threatening and were taken…
SAN DIEGO& TAMPA, Fla.—- Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Health Insurance Innovations, Inc. have filed a class action complaint against the company’s officers and directors for alleged violations of the Securities Exchange Act of 1934 between February 28, 2018 and November 27, 2018. Health Insurance Innovations is…
–The Alzheimer’s Foundation of America urged President Trump’s administration to continue funding the fight against Alzheimer’s disease by investing an additional $350 million in federal Alzheimer’s research funding for Fiscal Year 2020.. Alzheimer’s disease is a public health epidemic affecting more than 5 million Americans, a number the Centers for…
Magellan Health, Inc. today announced that it will open a free 24- hour crisis line for all individuals impacted by the flooding in Northern California. Magellan will provide free, confidential counseling services and other resources, such as referrals to local non-profit organizations, shelters and additional community-based support to assist…
Bristol-Myers Squibb Company today issued the following statement in response to a letter from Starboard Value:. Bristol-Myers Squibb welcomes the opinions of all of its stockholders and will review Starboard’ s letter and respond in due course. This combination is consistent with our strategy and is the natural next step in the evolution of Bristol-Myers…
World Insurance Associates LLC, a fast-growing independent insurance agency headquartered in Tinton Falls, NJ, merged with The DiForte Agency of Staten Island, NY on January 1, 2019. The DiForte Agency is the second long-standing Staten Island insurance agency to partner with World Insurance Associates LLC, joining Mark Lauria Associates Inc., which…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of iptiQ Life S.A., the ultimate parent of which is Swiss Re Ltd. The outlook of these Credit Ratings remains stable. The ratings reflect iptiQ’ s balance sheet strength, which AM Best categorises as very strong, as well as its marginal operating performance, limited…
The ” Home Health and Hospice Care Industry: Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2025, NAIC 621600″ report from Plunkett Research Ltd has been added to ResearchAndMarkets.com’ s offering. Home Health and Hospice Care Industry to reach $133,272 million by 2025. 5) Benchmarking this industry to all U.S. industries.
AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of“ aa+” to Travelers Insurance Designated Activity Company, the new subsidiary of The Travelers Companies, Inc.. TIDAC is a member of TRV’ s lead rating unit, Travelers Group. The EU business previously written by TICL will be renewed into TIDAC beginning in March 2019.
–A new survey from Chubb, ” Winning the New Client Journey,” finds that more than half of consumers have shopped online for homeowners insurance in the past 12 months, and 61% are likely to do so in the future. According to Chubb, this trend in researching and shopping online underscores an enormous opportunity for agents and brokers to more effectively help their…
–The Blue Cross Blue Shield Association today proposed a series of steps to reduce premiums for those who buy insurance through the individual market and expand access to coverage for more than 4 million additional people. “We believe everyone should have access to coverage and care, no matter who you are or where you live,” said Scott Serota, president and CEO of…
–Triple+, a leader in IoT technology solutions for water leak damage prevention, has announced a pilot project with Berkshire Hathaway GUARD Insurance Companies. Water damage is the second most common insurance property claim in the US after hail and wind damage, and billions of dollars are spent in claims and repairing damages annually. According to Berkshire…
Feb. 28– Feb. 28– A Community Action of Skagit County program is offering free estate planning to seniors who live in subsidized housing. The Skagit Volunteer Lawyer Program’s Will Clinic helps seniors make a plan for their assets and health care in the event they aren’t able to advocate for themselves, said Terry Shaberg, staff attorney for the nonprofit.
–The Board of Directors of Chubb Limited announced today that it will recommend to shareholders at the company’s 2019 Annual General Meeting an increase in its quarterly dividend for the twenty-sixth consecutive year. The proposal calls for a $3.00 annual per share dividend, payable in four quarterly installments of $0.75 per share, compared to the current…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of FAIR Oil& Energy Insurance Syndicate. The outlook of these Credit Ratings is stable. FOEIS is one of four reinsurance vehicles formed by the Federation of Afro-Asian Insurers and Reinsurers, with a remit to write energy business.
Feb. 28– Feb. 28– As many great things as his firefighters and officers are doing, Norwalk Fire Chief John Soisson said “there are still a lot of things to improve.” The victims were 65- year-old Robert Griggs Jr., his 57- year-old wife Rebecca and their 27- year-old son James. For nearly 15 years, Fisher-Titus Medical Center has donated smoke detectors to the fire…
ROTHERHAM, England, 28 February 2019/ PRNewswire Policy/–. The Environment Agency has published a new economic assessment to aid planning for flooding and coastal risk management over the next 50 years. The long-term investment scenarios report states that without sustained investment, future flood damage to properties and infrastructure in England will…
Feb. 28– Feb. 28– Lawmakers hope they can push down the cost of health insurance in Pueblo by as much as 25 percent for individual buyers by establishing a Colorado reinsurance program to pay for most costly hospital cases. When Polis was in Pueblo several weeks ago for a town hall meeting on health care, he called the reinsurance plan one important way to attack the…
