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1 - A.M. Best Assigns Indicative Ratings to Argo Group International Holdings, Ltd.’s Shelf Registration
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. has assigned indicative debt ratings of “bbb” to senior unsecured debt, “bbb-” to subordinated debt and “bb+” to preferred stock, which may be issued under the Argo Group International Holdings, Ltd.’s (Argo Group...
2 - A.M. Best Special Report: Non-Life Margins Under Pressure, Despite Rate Increases
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - Last year was the most difficult in recent history for the global economy. What started as a crisis in U.S. subprime mortgages quickly spread through the global banking system and the broader financial system, causing credit markets to close...
3 - The Seltzer Group Teams with St. Luke’s Miners Memorial Hospital to Provide Insurance and Health Services
SCHUYLKILL HAVEN, Pa.-(Business Wire)-September 29, 2009 - Schuylkill County’s The Seltzer Group, a member of Keystone Insurers Group, announces it has formed an alliance with St. Luke’s Miners Memorial Hospital to provide medical insurance solutions and occupational health services to...
4 - A.M. Best Special Report: Thawing Markets Reducing Pressure on U.K. Life Insurers
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - The global credit crisis led to a decline in life insurers’ economic capital positions in 2008, although the industry as a whole managed to maintain compliance with minimum regulatory capital requirements. The decline triggered a number of...
5 - A.M. Best Presents at the AICPCU Insurance Executive Development Program at Wharton
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - Raj Guttha, Manager of ERM and Capital Modeling, of A.M. Best Co. is participating in the American Institute for CPCU Insurance Executive Development Program at Wharton being held from October 5th through 16th at the Wharton School of the University...
6 - USADATA Announces Online Insurance Sales Lead Center And Gift Card Promotion
NEW YORK-(Business Wire)-September 29, 2009 - For over 10 years, insurance agents across the nation have reported record success with USADATA’s quality insurance sales leads. In response, USADATA has created an exclusive online Insurance Sales Leads Center dedicated to helping independent...
7 - A.M. Best Affirms Ratings of Old Republic International Corporation’s Subsidiaries; Maintains Negative Outlook on Most Ratings
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Old Republic Insurance (Chicago, IL), Bituminous Insurance Companies (Bituminous) (Rock Island, IL) and their...
8 - Marsh Launches Global Risk Management Information System for Commercial Real Estate Firms
NEW YORK-(Business Wire)-September 29, 2009 - As commercial real estate firms work to navigate the numerous challenges associated with the global economic downturn, Marsh, the world’s leading insurance broker and risk advisor, has developed a cost-effective Web-based risk management information...
9 - Business Intelligence Perspectives Names The Hartford For The “Best Practices In Business Intelligence” Award
HARTFORD, Conn.-(Business Wire)-September 29, 2009 - The Hartford Financial Services Group, Inc., (NYSE: HIG), today announced that it has been selected by Computerworld’s Business Intelligence Perspectives as a winner of its “Best Practices in Business Intelligence” awards program in the...
10 - UnitedHealthcare’s Golden Rule Introduces Cost-Effective Dental and Vision Coverage Options for Consumers in Six States
INDIANAPOLIS-(Business Wire)-September 29, 2009 - UnitedHealthcare’s Golden Rule Insurance Company has introduced new cost-effective dental and vision care coverage options for individuals and families in Alaska, Arizona, Colorado, Iowa, South Dakota and Wyoming. The new dental plans are available...
11 - As Benefit Budgets Tighten, Voluntary Benefits Offer Breathing Room
DES MOINES, Iowa-(Business Wire)-September 29, 2009 - Rising medical costs and a slowing economy leave many employers wondering how to do more with less. Voluntary Benefits Edge from the Principal Financial Group® enables employers to offer a robust benefits package at a lower cost. “Employers...
12 - New Temporary Health Insurance Plans Launched For Individuals, Families Without Current Coverage
INDIANAPOLIS-(Business Wire)-September 29, 2009 - UnitedHealthcare’s Golden Rule Insurance Company is introducing two new short term health insurance plans in North Carolina and West Virginia designed to meet people’s needs for more flexible and cost-effective approaches to coverage. Golden...
13 - MetLife Mature Market Institute’s Long-Term Care IQ Survey Shows Limited Knowledge About Long-Term Care
NEW YORK-(Business Wire)-September 29, 2009 - Overall, Americans did not do well on a survey of their long-term care knowledge. Most know what long-term care is and how much it costs, but their scores fall short regarding how many people will need it and how they will pay for it. The MetLife...
14 - Special District Risk Management Authority (SDRMA) Selects DAVID Corporation’s NavRisk® Claims
SAN FRANCISCO-(Business Wire)-September 29, 2009 - DAVID Corporation, a provider of risk-management software and services, today announced that California’s Special District Risk Management Authority (SDRMA) has selected DAVID’s NavRisk Claims to manage claims for its workers’ compensation...
15 - United Automobile Insurance Deploys Guidewire for Claims – Success Leads to Selection of Guidewire for Billing
MIAMI GARDENS, Fla. & SAN MATEO, Calif.-(Business Wire)-September 29, 2009 - United Automobile Insurance Company (UAIC), one of the largest privately held property and casualty insurers in the U.S., and Guidewire Software, a leading provider of flexible core systems to property/casualty...
16 - Guidewire Software Opens Hong Kong Office to Better Serve Asian General Insurance Market
SINGAPORE & SAN MATEO, Calif.-(Business Wire)-September 29, 2009 - As a sponsor of the 5th Insurance Executives’ Summit on Technology, Guidewire Software®, a leading provider of flexible core systems to general insurance companies, today announced that it has expanded its international...
17 - BestWeek Asia/Pacific: Reliance Life Points the Way to Private Capital in India
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - This week’s edition of BestWeek Asia/Pacific looks at the efforts of India’s Reliance Life to tap capital markets for private equity, a move that may foreshadow a rush of insurers in the country to list shares. A.M. Best Co.’s BestWeek...
18 - A.M. Best Affirms Ratings of Service Insurance Group and Its Member
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Service Insurance Group (Service) and its member, Service Lloyds Insurance Company. The ratings are based on the...
19 - A.M. Best Downgrades Issuer Credit Rating of Seguros Inbursa S. A.
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has downgraded the issuer credit rating (ICR) to “a” from “a+” and affirmed the financial strength rating of A (Excellent) of Seguros Inbursa S. A. (Seguros Inbursa) (Mexico). The outlook for both ratings is stable. The ratings...
20 - Three Finalists Selected for A.M. Best’s 2009 E-Fusion Award Competition; Webcasts Begin Wed., Oct. 7
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has announced the three finalists competing for the 2009 E-Fusion Award. Each week throughout the month of October, a finalist will present their company’s entry in an hour-long live Webcast, during which a panel of judges will...
