Assured

Farmers Insurance Emphasizes ‘Right Fit’ Coverages for Consumers in New Ad Campaign Featuring Renown Actor/Director Edward James Olmos

July 14th, 2009

Farmers Insurance Group announced it has launched its latest Hispanic advertising campaign titled “Force Field” that includes TV, radio and rich media – all produced by U.S. Hispanic Agency of Record Accentmarketing.
Force Field’ is a visual representation of finding the right fit when it comes to providing individualized insurance coverage that’s right for each person,” [...]


Heartland Financial Acquires the Elizabeth State Bank Through Its Subsidiary Galena State Bank & Trust Co.

July 6th, 2009

Heartland Financial USA, Inc. based in Dubuque, announced that is has acquired all deposits of The Elizabeth State Bank in Elizabeth, Ill. through its subsidiary Galena State Bank based in Galena, Ill. in a loss-share transaction facilitated by the Federal Deposit Insurance Corporation (FDIC).
“Customers can be assured that their deposits are safe and remain [...]


XACT | TRAX Gives Parents Sense of Ease When Teens are on the Road

February 10th, 2009

One of the greatest fears a parent has when teens get their drivers license is reckless and dangerous driving. Now, with the XACT | TRAX portable, personal tracking device from Xact Technology(TM), parents can rest assured that their children are driving safely.
Xact Technology’s proprietary web-based portal provides a user-friendly dashboard for the management of [...]


Assured Guaranty Corp. Announces January 2009 U.S. Public Finance New Issue Volume, up 134% Over Prior Year

February 4th, 2009

Assured Guaranty Corp. (“Assured” or “the Company”), the financial guaranty subsidiary of Assured Guaranty Ltd. announced its January 2009 U.S. public finance new issue volume today. Assured provided guaranties on 114 U.S. public finance new issue transactions, totaling $2.8 billion of par or 12% of total new issue U.S. public finance volume during January 2009. [...]


CIFG Reaches Final Settlement Involving 98% of its Designated Derivative Exposures; Finalizes Public Finance Transaction with Assured Guaranty

January 22nd, 2009

CIFG Holding, Ltd., the holding company for CIFG’s financial guaranty subsidiaries, announced today that it, along with its principal shareholders, Banque Populaire Group and Caisse d’Epargne Group, has reached a final settlement with credit default swap counterparties and bondholders holding 98 percent of its gross par outstanding of ABS CDO exposures and certain specified CRE [...]


Hart-Scott-Rodino Waiting Period Expires for Assured Guaranty Ltd.s Proposed Acquisition of Financial Security Assurance Holdings Ltd.

January 21st, 2009

Assured Guaranty Ltd. (“Assured” or “the Company”) announced that the mandatory waiting period under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR”) for Assured’s proposed acquisition of Financial Security Assurance Holdings Ltd. (“FSA”) expired at 11:59 p.m. Eastern Time on January 20, 2009 (12:59 a.m. Atlantic Time on January 21, 2009).
In addition to [...]


Assurant Solutions Assures Circuit City Customers That It Stands Behind Extended Service Plans Sold by CE Retailer

January 21st, 2009

Assurant Solutions, a leading global provider of extended service plans and extended warranties, today reaffirmed its commitment to consumers who have purchased a Circuit CityAdvantage service plan. The company added that no action is required to confirm the validity of individual plans.
Assurant Solutions, which is part of Assurant, Inc said it administers most of the [...]


Chartwell Introduces Commercial Storage Insurance Program

January 7th, 2009

Chartwell Independent Insurance Brokers LLC, a leading wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, announced the launch of its Commercial Storage Insurance (CSI) Program. This program offers specialty insurance coverage for warehouse and storage facilities, including self storage, mobile storage, boat and recreational vehicle (RV) storage, cold storage, and cargo. Working exclusively [...]


Medical Mutual of Ohio Board Names Interim Leadership to Fill Clapp Void

December 9th, 2008

To fill the positions made vacant by the tragic death of Kent Clapp last Wednesday, the Medical Mutual of Ohio Board of Directors named interim co-chairmen of the Board, a management committee and an interim CEO at a special meeting last night.
Samuel Miller, co-chairman of Forest City Enterprises, and David Young, a retired partner with [...]


Financial Security Assurance Inc. Issues Statement in Response to Announcement of Moodys Downgrade of FSA from Aaa to Aa3 with Developing Outlook

November 22nd, 2008

In response to Moody’s Investors Service’s (Moody’s) downgrade of bond insurer Financial Security Assurance Inc. (FSA) to Aa3 with developing outlook, Robert P. Cochran, chairman and chief executive officer of Financial Security Assurance Holdings (FSA Holdings or the Company) and Financial Security Assurance Inc. (FSA), said: “We disagree with Moody’s on a number of points [...]