Nov. 29– Connecticut’s lead insurance regulator approved steep premium hikes for long-term-care insurance held by nearly 10,000 Transamerica policyholders, while limiting Genworth’s request for a similar increase for thousands of customers. The Connecticut Insurance Department approved requests by Transamerica for increases of between 30 percent…
Newswires
A.M. Best Affirms Credit Ratings of Aetna, Inc. and Its Subsidiaries; Affirms Credit Ratings of SilverScript Insurance Company
A.M. Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Aetna Life Insurance Company and other operating entities of Aetna Inc. following the announcement on Nov. 28, 2018, that CVS Health Corporation has completed its acquisition of Aetna and its insurance subsidiaries. Concurrently, A.M. Best has affirmed the…
A.M. Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Sirius International Group, Ltd. and Its Main Rated Subsidiaries; Assigns Issuer Credit Rating to Sirius International Insurance Group, Ltd.
A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Sirius Bermuda Insurance Company Ltd., Sirius International Insurance Corporation and its subsidiary, Sirius America Insurance Company. Additionally, A.M. Best has removed from under review with…
Washington National Launches New Hospital Indemnity Insurance Product
–Washington National Insurance Company, a national provider of supplemental health and life insurance products for middle-income Americans, announced today a new hospital indemnity insurance policy, Hospital Assure SM. “We designed Hospital Assure to address the needs of middle-income Americans,” said Mike Heard, president of Washington National.
No Longer a Back-Office Function, Billing is at the Center of Growth and Innovation in a New Digital Era of Insurance
The report, Billing in the Era of Digital Insurance 2.0: At the Center of Growth and Innovation, highlights how the growing customer demands and expectations for new, innovative products and services such as on-demand, parametric, telematics, value added services, and more are moving billing to front and center in the shift to Digital Insurance 2.0.
National HME Partners with New Mountain
IRVING, Texas& NEW YORK—- National HME, Inc., a leading provider of medical equipment solutions to the hospice market, today announced that it has expanded its existing relationship with New Mountain Finance Corporation, an affiliate of New Mountain Capital, LLC. Through Hospice Cloud Pro, the Company’ s proprietary web-based technology, NHME provides its…
A.M. Best Downgrades Credit Ratings of Aegis Security Insurance Company; Places Credit Ratings Under Review With Negative Implications
A.M. Best has downgraded the Financial Strength Rating to A- from A and the Long-Term Issuer Credit Rating to“ a-” from“ a” of Aegis Security Insurance Company. Concurrently, A.M. Best has placed the Credit Ratings under review with negative implications. The rating downgrades reflect Aegis’ balance sheet strength, which A.M. Best categorizes as very strong, as well as…
Welltower Announces Report Advancing the Development of National Quality Standards in Assisted Living
–Welltower Inc., a leading global provider of health care infrastructure, today announced the issuance of a report paving the way for national quality standards in assisted living. The Development of the National Assisted Living Quality of Care Network and a Quality of Care Framework for Assisted Living Care was commissioned by Welltower and represents a…
Rural Mutual Selects Daniel Merk as Executive VP & CEO
–The Rural Mutual Insurance Company Board of Directors is pleased to announce the selection of Daniel J. Merk as Executive Vice President& CEO. Prior to joining Rural, Merk worked 20 years at Sentry Insurance in increasingly responsible positions. Merk earned his Bachelor of Science Degree from UW– Stevens Point with a major in mathematics and a computer science…
Nov. 29– Dean Machado, owner of Woodlake Cleaners on West Turner Road in Lodi, stood behind the counter of his business on Wednesday morning, looking at boxes of toothbrushes, cases of bottled water and other items donated by his fellow Lodians that sat in his lobby, waiting to be taken to evacuation centers in Butte County. Machado initially took donations to…
LifeGuide Partners’ Spokesman Helping Seniors Face Retirement Reality in The Wake of Trump’s Executive Order
–After nearly 30 years helping people sell their life insurance policies for cash settlements, Scott Page has shifted gears to a consultative role apart from the settlement industry he helped create. So, the guy who helped make Betty White a spokesperson for a senior financial solution is now serving as CEO for LifeGuide Partners, an educational resource for…
A.M. Best Affirms Issue Credit Ratings of 321 Henderson Receivables V LLC
A.M. Best has affirmed the Long-Term Issue Credit Ratings of“ aaa” on $74,646,000 Class A-1 8.00% Fixed Rate Asset Backed Notes, Series 2008-3 and $9,389,000 Class A-2 8.00% Fixed Rate Asset Backed Notes, Series 2008-3, as well as the Long-Term IR of“ bbb-” on the $4,695,000 Class B 10.00% Fixed Rate Asset Backed Notes, Series 2008-3 of securities issued by 321…
Texas is at the epicenter of a historic buildout of oil and gas infrastructure as the United States becomes a top exporter of fossil fuels. More than 80 plants, terminals and other projects are in the works or planned up and down the state’s Gulf Coast, according to a Center for Public Integrity and Texas Tribune review of corporate plans.
Houston, TX—- 11/29/2018– All About Insurance is a recognized independent insurance agency that is famous for offering the best quality renters insurance in Houston and Spring Texas from the top-notch insurance service providers. The professionals at All About Insurance are qualified and knowledgeable, and thus they can assist the customers in choosing the…
Houston, TX—- 11/29/2018– All About Insurance is a top independent insurance agency that mainly focuses on providing customers with the right insurance coverage. All About Insurance specializes in offering homeowners insurance in Houston and Humble Texas. All About Insurance offers top quality renters insurance in Houston and Spring Texas from some of the…
Nov. 29– QUEENSBURY– Low pay and expensive health insurance is leaving the Centers nursing homes understaffed, workers said as they picketed outside the Glens Falls Center on Wednesday. At times, only two aides– rather than four– are working a daytime shift on a floor, and they can’t get to residents when they need to be helped to the bathroom, said certified nursing…
A.M. Best Revises Outlooks to Negative for Labuan Reinsurance (L) Ltd
A.M. 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 Labuan Reinsurance Ltd. The ratings reflect Labuan Re’ s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and…
A.M. Best Affirms Credit Ratings of Bao Minh Insurance Corporation
A.M. Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Bao Minh Insurance Corporation. The ratings reflect Bao Minh’ s balance sheet strength, which A.M. Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
A.M. Best Downgrades Credit Ratings of INTEGRAND Assurance Company; Places Credit Ratings Under Review With Negative Implications
A.M. Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Ratings to“ bbb+” from“ a-” of INTEGRAND Assurance Company. Additionally, A.M. Best has placed these Credit Ratings under review with negative implications. As noted, A.M. Best has revised the assessment of INTEGRAND’ s ERM, which A.M. Best now categorizes as marginal.
