AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Aseguradora Agricola Comercial, S.A.. The outlook of these Credit Ratings is stable. ACSA was founded in 1973 and has since been one of the most important insurance companies in El Salvador.
Newswires
Carmel, Ind., October 31, 2024- CNO Financial Group, Inc. today reported net income of. $9.3 million, or $0.09 per diluted share, in 3 Q24 compared to $167.3 million, or $1.46 per diluted share, in 3 Q23. Significant items positively impacted both net income and net operating income by $18.8 million, or $0.17 per diluted share, in 3 Q24 compared to $16.9 million, or $0.14 per…
LAFAYETTE— Corey Rabeaux knows his house is always at risk of flooding. The federal government, which manages the National Flood Insurance Program, joined Lafayette Parish in offering Rabeaux a free home elevation, the main fix the nation has for flood-prone properties. And a new federal plan for setting flood insurance rates had taken effect, raising his…
Myomo, Inc., a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, announces it has entered into the first contracts that will allow MyoPro to be provided to patients covered by private insurance on an in-network basis. These new contracts are with Blue Cross Blue…
AM Best will participate in a panel discussion about the U.S. title insurance industry during a Pinnacle Actuarial Resources APEX webinar, scheduled for Tuesday, Nov. 5, 2024. Kourtnie Beckwith, senior financial analyst, AM Best, will provide key insights on the U.S. title insurance industry. Joining Beckwith on the webinar is Art Randolph, principal and…
AM Best has downgraded the Financial Strength Rating to A+ from A++ and the Long-Term Issuer Credit Ratings to“ aa” from“ aa+” of Auto-Owners Insurance Company and its four wholly owned property/casualty companies that comprise Auto-Owners Insurance Group. At the same time, AM Best has upgraded the Long-Term ICRs to“ a+” from“ a” and affirmed the FSR of A of California…
The future of‘ Obamacare’ has emerged as a key issue in the closing days of the presidential campaign, with a top GOP leader promising this week to overhaul the program should Republican Donald Trump win the presidency. But significant changes to the program are almost certain if Trump wins the White House and Republicans take control of Congress in Tuesday's…
The average rate on a 30- year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August. The rate rose to 6.72% from 6.54% last week, mortgage buyer Freddie Mac said Thursday. That can move the trajectory of the 10- year Treasury yield, which lenders use as a guide to pricing home loans.
Yet climate issues have yet to take center stage in an election, even in Florida, the state most affected by climate change. Rick Scott, known for his aversion to speak about climate change, to address the issue in an interview with CNN. Colin Polsky, a climate social scientist at Florida Atlantic University, also found that, in a survey conducted shortly before…
–The S&P 500 has been fairly noisy during the month of October, as we continue to see a lot of buyers, but we also see a lot of questions asked about the idea of interest rate spiking in the bond market despite the fact that the Federal Reserve has cut interest rates by 50 basis points recently.– All things being equal, this is a market that I think continues to see buyers…
Corebridge Financial and Miami-Dade County Public Schools are commemorating one of the earliest implementations of a 403 retirement plan in a public school, dating back to 1964. The Variable Annuity Life Insurance Company, a Corebridge Financial company, issued a 403 plan sixty years ago this month to a teacher at Coral Gables Elementary who enrolled at $25…
The Human Animal Bond Research Institute and MetLife Pet Insurance Solutions LLC, one of the world’ s leading financial services companies, today announced a collaboration to advance their shared goal of strengthening the human-animal bond through research, education and advocacy. About MetLife Pet Insurance Solutions LLC. Pet Insurance offered by…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Health Care Service Corporation, a Mutual Legal Reserve Company and its subsidiaries. Furthermore, HCSC has demonstrated strong financial flexibility through its access to Federal Home Loan Bank of Chicago advances, its bank lines of credit and its…
If you are really pleased with the genocide in the Middle East, vote duopoly. If you are pleased with Dems never codifying Roe v. However, if you think we need to stop supporting genocide, need single payer health insurance like every other developed nation, a living wage for workers we needed during COVID, and support a woman's control over their own body, please…
U.S. Businesses| AOI of $1.108 B. For business segment definitions, please refer to Prudential Financial, Inc.' s Annual Report on Form 10‐ K and Quarterly Reports on Form 10- Q. Highly liquid assets predominantly include cash, short-term investments, U.S. Treasury securities, obligations of other U.S. government authorities and agencies, and/or foreign…
Oscar Health, Inc., a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Ohio in 2025. The Oscar experience will be available in 32 counties in Ohio starting January 1, 2025. Oscar has been a proud health plan of choice in Ohio for more than seven…
Healthfirst, one of New York’ s highest-quality not-for-profit health insurers, has opened a new and expanded community office to support the needs of the diverse community in Flushing, Queens. Left to Right: Errol Pierre, Senior Vice President State Programs at Healthfirst, Peggy Sheng, Chief Operating Officer Coalition of Asian-American IPA, Pat Wang,…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of British Caribbean Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect BCIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and…
Still, a recent Cardrates survey reveals 70 percent of Americans think the U.S. is becoming a cashless society. The Investment Company Institute says retail investors' assets in money market funds have grown $951 billion since 2022. Meanwhile, just one day before U.S. Federal Reserve Chair Jerome Powell's historic call to cut, the ICI Money Market Funds report…