Saturday , 15 August 2020

Tag Archives: insurance

Madison Residents Offered Guidance on Filing Homeowners Insurance Claims After Tropical Storm Isaias

TRENTON – Thinking about filing a homeowners insurance claim for storm related damage? The Department of Banking and Insurance is providing some guidance to Morristown residents that suffered property damage caused by Tropical Storm Isaias. “Tropical Storm Isaias caused widespread damage throughout the state. Homeowners who have suffered property damage due to the storm should know that they can file a …

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AM Best Affirms Credit Ratings of QBE Insurance Group Limited and Its Key Subsidiaries

LONDON–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of QBE Europe nv/sa (Belgium), QBE UK Limited (United Kingdom), and the pooled members of QBE North America Insurance Group (see list below). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the …

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AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Most of Its Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX). In addition, AM Best has affirmed …

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Root Auto Insurance Will Stop Setting Rates Using Credit Scores

Thomas BarwickGetty Images One way to tackle systemic racism, the car-insurance company Root says, is if your insurance company doesn’t look at your credit score but at how you actually drive. A national insurance organization is looking into that. The problem? It will probably take until 2025 to fully implement a change. Three states—California, Hawaii, and Massachusetts—do not allow credit …

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AM Best Upgrades Credit Ratings of DPL Insurance Limited

SINGAPORE–(BUSINESS WIRE)–AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of DPL Insurance Limited (DPL) (New Zealand). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect DPL’s balance sheet strength, which AM Best categorises as strong, as …

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AM Best Affirms Credit Ratings of China BOCOM Insurance Company Limited

HONG KONG–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of China BOCOM Insurance Company Limited (CBIC) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CBIC’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, …

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AM Best Affirms Credit Ratings of China BOCOM Insurance Company Limited

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of China BOCOM Insurance Company Limited (CBIC) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CBIC’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, limited business …

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AM Best Affirms Credit Ratings of PGA Sompo Insurance Corporation

SINGAPORE–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of PGA Sompo Insurance Corporation (PGA Sompo) (Philippines). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect PGA Sompo’s balance sheet strength, which AM Best categorises as strong, as well as its adequate operating performance, limited business …

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