IFAwebnews » underwriting

Markel buying THOMCO in what is called ‘win for both parties’

Bob Graham — Wed, 07 Dec 2011 18:10:51 +0000

Richmond, Va.-based Markel Corp. is acquiring Thompson Insurance Enterprises, which operates as THOMCO, a privately held program administrator underwriting multi-line, industry-focused insurance programs.

Markel buying THOMCO in what is called ‘win for both parties’ via IFAwebnews.

American General unveils LTC LaunchPad for applications

IFAwebnews Staff — Thu, 10 Jun 2010 16:00:12 +0000

American General Life Cos. introduced LTC LaunchPad, a tool it calls a streamlined, automated application process for its long-term care insurance.

American General unveils LTC LaunchPad for applications via IFAwebnews.

Health insurers have fewer group enrollments, more on Medicaid rolls

Bob Graham — Tue, 08 Jun 2010 11:57:31 +0000

Economic pressures, which hurt health insurance companies in 2008, continued to take an effect last year, as growing unemployment meant member loss according to a new report from A.M. Best Co.

Health insurers have fewer group enrollments, more on Medicaid rolls via IFAwebnews.

Improved capital, market presence boost New York insurer’s ratings

IFAwebnews Staff — Mon, 24 May 2010 12:45:57 +0000

North Country Insurance Co. received a ratings upgrade from A.M. Best in part due to its long-standing local market presence and its improved capital position.

Improved capital, market presence boost New York insurer’s ratings via IFAwebnews.

Pennsylvania insurer’s ratings downgraded on concerns over losses

IFAwebnews Staff — Thu, 20 May 2010 12:30:25 +0000

A Pennsylvania-based insurance company’s ratings were downgraded by A.M. Best Co. because of concerns about underwriting and operating losses over the last three years.

Pennsylvania insurer’s ratings downgraded on concerns over losses via IFAwebnews.

Banner Life, William Penn Life get ratings boosts

IFAwebnews Staff — Thu, 06 May 2010 12:59:53 +0000

Noting its improved financial performance and risk-adjusted capital, A.M. Best Co. has revised the outlook from “negative” to “stable” for a pair of life insurance companies.

Banner Life, William Penn Life get ratings boosts via IFAwebnews.

Harleysville’s back-to-basics approach leads to ratings upgrades

Bob Graham — Wed, 28 Apr 2010 12:02:26 +0000

Harleysville Insurance’s back-to-basics approach appears to be working, according to the company’s chief executive.

Harleysville’s back-to-basics approach leads to ratings upgrades via IFAwebnews.

Success in niche market boosts Virginia insurer’s outlook, ratings

IFAwebnews Staff — Tue, 27 Apr 2010 12:40:44 +0000

A Richmond, Va.-based insurer has had its outlook revised from “stable” to “positive,” reflecting its success in a niche market.

Success in niche market boosts Virginia insurer’s outlook, ratings via IFAwebnews.

Anthem lays off 20 employees at Roanoke office

IFAwebnews Staff — Fri, 16 Apr 2010 12:53:22 +0000

Outsourcing responsibilities to an outside vendor led Anthem Blue Cross Blue Shield of Virginia to lay off 20 employees at its Roanoke, Va., office.

Anthem lays off 20 employees at Roanoke office via IFAwebnews.

High Point teams with Maryland firm to automate documentation

IFAwebnews Staff — Mon, 12 Apr 2010 11:55:45 +0000

High Point Auto Insurance, one of the largest auto insurance carriers in New Jersey, has selected a document automation product from Top Down Systems Corp. to help streamline its customer correspondence process.

High Point teams with Maryland firm to automate documentation via IFAwebnews.