A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of COPIC Insurance Company (COPIC) (Denver, CO). The outlook for the ratings has been revised to negative from stable.
The affirmation of the ratings is based upon COPIC’s supportive risk-adjusted capitalization and low underwriting leverage. The company also [...]

The claims team at Mercury Insurance is standing by to assist homeowners who were forced to evacuate their homes and suffered property damage from wind-whipped wildfires that ravaged Southern California this past weekend. Claims can be reported 24 hours a day, seven days a week to Mercury’s Claims Hotline by calling (800) 503-3724.
“The Mercury claims [...]

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Travelers Insurance Company Limited (TIC) (United Kingdom). The outlook for both ratings remains stable.
The ratings continue to reflect TIC’s excellent risk-adjusted capitalisation and operating performance as well as its strong UK business profile. The ratings [...]

According to research by VIST Insurance, Employee Retention Programs drive better bottom line performance in growing and uncertain economies. In fact, engaging and rewarding your employees with financial or non-financial awards are retention actions you can no longer overlook or dismiss as trivial. Today there is convincing evidence that these actions make a difference.
“The costs [...]

Sircon Corporation today announced that Glatfelter Insurance Group is the latest customer to use its Compliance Express(TM) and Producer Manager(TM) solutions to manage producer licensing, compliance, continuing education and on-boarding processes among its insurance-broker network.
“Glatfelter Insurance Group’s selection of Sircon’s technology exemplifies our commitment to making Glatfelter the marketing organization that’s easiest for producers to [...]

Democratic Sen. Barack Obama appears to be making inroads among professionals in the heavily Republican insurance industry, according to a poll conducted by BestWeek U.S./Canada.
In the final pre-election online survey of nearly 1,000 industry professionals, the Illinois senator gained 8.7 percentage points in favorability from his standing in mid-September.
The survey showed Republican John McCain still [...]

The Insurance Marketplace Standards Association (IMSA) has approved a new Chairman of the Board and has elected its new Board of Directors, representing leaders from across the life insurance marketplace.
At its annual meeting, IMSA Board members confirmed Scott Curtis, Senior Vice President of Raymond James & Associates, as Chairman of the standards-setting organization.
“As the entire [...]

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sirius International Insurance Corporation (Sirius) (Sweden). The outlook on both ratings remains stable.
The ratings reflect Sirius’ strong risk-adjusted capitalisation, very good operating performance despite low investment income and very good business profile in Scandinavia.
A.M. Best [...]

Steven Schreibman, who helped launch Nationwide’s “Life Comes at You Fast” and other high-profile marketing campaigns, urges insurance marketers to leverage the power of viral marketing in the latest edition of the Insurance Marketing Podcast, available online as downloadable audio.
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Schreibman is a keynote speaker at the Insurance Marketing and Advertising Summit, set for Thursday, [...]

Unity Life of Canada, a Foresters company, and Forethought Financial Group, announced that they have entered into an agreement under which Unity Life will acquire the insurance business of Forethought’s Canadian branch, Forethought Life Insurance Company. Forethought is a leading U.S. based provider of insurance and financial solutions related to retirement and end of life [...]