Taiping life insurance Co., Ltd. has brought in more than CNY 30 billion premium revenue as of November 28, leaping by 51.55 percent year on year, achieving the goal of the year ahead of schedule. The insurance company gained CNY 10 billion premium income in 78 days by March 19, and the revenue exceeded CNY [...]
Posts Tagged ‘Insurance Company’
Dallas National Insurance chooses Stingray System
Dallas National Insurance Company, or DNIC, has chosen The Stingray System for the processing of their personal and commercial lines of business. The company said The Stingray System from Maximum Processing will be utilized for policy, billing and claims, imaging and reinsurance processing. It said the system provides workflow, imaging, and many third party interfaces [...]
Government Employees Insurance Company to Name Top Sales Representative
Two local Government Employees Insurance Company sales representatives – Kevin Ware of the Midway neighborhood of Chicago and Tim Calcagno of Schaumburg – will be welcoming their GEICO colleagues from around the country Aug. 26-29 when they gather in Chicago to celebrate GEICO’s sales representative of the year. According to a release, among the GEICO [...]
Government Employees Insurance Company to Hire for Tucson Office
Government Employees Insurance Company said it plans to hire more than 80 new associates in its Tucson, Ariz., office between now and the end of the year thanks to a steady increase in the number of drivers who switch to Geico. Martha Furnas, vice president of the Tucson staff, said, in a release, “Despite the [...]
Best’s Rating Notification – Triangle Insurance Company, Inc
A.M. Best Company has made the following rating update: Company: Triangle Insurance Company, Inc AMB Number: 11332 Current Rating: B++ Previous Rating: B++ To obtain more information about this company, please visit: http://www3.ambest.com/frames/fs.asp?site=ratings&RefNum=11332&tab=4 For Definitions of Best’s Ratings and Not Rated Categories (NR) visit: http://www.ambest.com/ratings/definition.html
Best’s Rating Notification – Union Labor Life Insurance Company
A.M. Best Company has made the following rating update: Company: Union Labor life insurance Company AMB Number: 7152 Current Rating: B+ Previous Rating: B+ To obtain more information about this company, please visit: http://www3.ambest.com/frames/fs.asp?site=ratings&RefNum=7152&tab=4
Redland Insurance Company Due to Legal Entity Merger
A.M. Best has withdrawn the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Redland Insurance Company and assigned a category NR-5 (Not Formally Followed) to the FSR and an “nr” to the ICR. In a release dated June 16, the Company said effective March 31, Redland merged with and into [...]
A.M. Best Downgrades Ratings of Atlanta Life Insurance Company
A.M. Best Co. has downgraded the financial strength rating to C+ (Marginal) from B- (Fair) and issuer credit rating to “b-” from “bb-” of Atlanta life insurance Company. The ratings have been removed from under review with negative implications and assigned a negative outlook. Atlanta Life is the life insurance member of Atlanta Life financial [...]
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