AM Best has revised the outlooks for the members of Berkshire Hathaway GUARD Insurance Companies (GUARD) to negative from stable. This includes WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company, and AZGUARD Insurance Company, all domiciled…
Hexure and Luma have worked together for over four years, initially focusing on annuity solutions. By expanding the collaboration to include life insurance, the two companies aim to provide a seamless experience for financial professionals and their clients. “We are…
AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to Continental General Insurance Company (CGIC), based in Austin, Texas. The outlook for these ratings is stable. Key Factors Behind…
KUBRA, a leading provider of customer experience management solutions for major utilities, insurance companies, and government organizations, is excited to unveil the next generation of point-of-sale (POS) solutions in partnership with Ingenico. This collaboration introduces secure, seamless in-person payment options…
Centana Growth Partners Acquires Majority Stake in Insurtech Platform First Connect Insurance Services Centana Growth Partners, a growth equity firm focused on the financial services sector, has announced the acquisition of a majority stake in First Connect Insurance Services, an…
AM Best Reaffirms Superior Credit Ratings for Houston Casualty Group and Affiliates AM Best has reaffirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) for the property/casualty (P/C) members…
Arch Capital Group Ltd. (NASDAQ: ACGL, “Arch” or “the Company”) announced today that its Board of Directors has declared a special cash dividend totaling $1.9 billion, which amounts to $5.00 per outstanding common share. The dividend is set to be…
AM Best has reaffirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) for the life/health (L/H) insurance subsidiaries of Manulife Financial Corporation (MFC) based in Toronto, Canada [NYSE: MFC].…
Gainbridge®, through its Group 1001 affiliate, has announced a new partnership with RetireOne, the leading independent platform for registered investment advisors (RIAs) in the annuity marketplace. RetireOne, an outsourced insurance desk, offers RIAs and their clients solutions that are simple,…
Arch Insurance North America, a provider of specialty risk and insurance solutions, has received PropertyCasualty360’s Insurance Luminaries Award for Technology Innovation. This accolade recognizes the company’s Arch APEX℠ portal, a groundbreaking digital platform designed to streamline the accident insurance purchasing…
Bonaventure, an integrated alternative asset manager specializing in the investment, development, construction, and management of multifamily communities across the Mid-Atlantic and Southeastern regions, has announced two significant transactions completed by Bonaventure Multifamily Income Trust (BMIT®). After its partial sale in…
First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), has launched a reimagined version of AgentNet®, its technology platform designed to deliver essential products…
