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For Edit

Stop expecting life to go back to normal next year

Americans will need to take pandemic precautions well into 2021 — yes, even after a vaccine arrives.

— NYT: Aaron E. Carroll

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Business

Remarkety introduces SMS Marketing platform to help eCommerce companies enhance their multichannel marketing strategy and improve ROI

NEWARK, N.J.–(BUSINESS WIRE)–#ecommerce–Remarkety Inc., a leading provider of data-driven marketing automation solutions, today introduced the Remarkety SMS Marketing platform, a new marketing solution that enables eCommerce companies to create and deliver personalized, hyper-targeted SMS messages that propel customers to action and improve ROI.

Built upon the same advanced technology as the company’s best-in-class email marketing automation tools, the Remarkety SMS Marketing platform makes it easier than ever for eCommerce companies to rise above the noise of the inbox and reach their customers. Users can send mass and trigger-based SMS messages or integrate SMS Marketing with their email automation strategy to build targeted, cross-platform campaigns that span multiple touchpoints and channels.

“Today’s consumers are on mobile devices more than ever, and SMS messages have an almost 100% open rate. Brands that can deliver relevant and timely SMS messages to their customers can foster loyalty and engagement and drive greater revenues,” said Joel Presman, Co-founder and General Manager at Remarkety. “In talking with thousands of our customers, we found there’s serious demand for a solution that allows eCommerce companies to do SMS marketing the right way—targeted and providing delight to customers, not spamming them. So, we built that platform, and we’re thrilled to give our customers another tool to add to their toolbox.”

With the Remarkety SMS Marketing platform, ecommerce companies have virtually limitless options to forge stronger connections with customers and bolster their bottom line, including:

  • Following up on an unopened email with an SMS, or vice versa.
  • Seamlessly continuing sessions across desktop and mobile, enabling customers to checkout or recover abandoned carts, regardless of browser cookies, login, or device.
  • Tracking and monitoring which audiences respond to which channels and leverage dynamic tags to segment and target accordingly.
  • Strengthening engagement and loyalty with personalized messages, invitations to exclusive flash sales, and product recommendations.
    • Hyper-targeted automated SMS’s based on real-time and historic user purchase and intent history

The Remarkety SMS Marketing platform is available to all our customers as of September 2020. For a limited time, customers who sign up for the platform can receive a $50 credit towards SMS, so they can try the platform absolutely risk-free. For more information visit: https://www.remarkety.com/sms-marketing

About Remarkety

Founded in 2012, Remarkety is a leading eCommerce Data-Driven Marketing Platform. Remarkety changes the way SMBs retailers market and resell to their customers, by giving them an enterprise-grade marketing power. Remarkety developed an industry-disrupted service to solve the marketing challenges of eCommerce SMBs by using big-data, shopping behavior and purchase history of millions of shoppers to execute targeted and segmented marketing strategies. More information can be found at https://www.remarkety.com/about-us.

Contacts

Maya Yeshurun

VP Marketing

(800) 570-7564

maya.yeshurun@remarkety.com

Categories
Business

Proxy Specialist Tom Ball joins Alliance Advisors

BLOOMFIELD, N.J.–(BUSINESS WIRE)–Alliance Advisors, a leading independent proxy solicitation and governance advisory firm, is pleased to announce that Thomas M. Ball has joined the firm as a Senior Vice President in the Proxy Solicitation Group.

Tom has over 40 years of experience in mergers and acquisitions, corporate governance consulting, shareholder activism and the inner workings of the proxy solicitation process. Tom was most recently Senior Managing Director at Morrow Sodali LLC., earning wide respect among clients and advisors for delivering results in numerous of high-profile contested votes, thousands of proxy solicitations and hundreds of tender offers – both domestic and international.

In our industry, there are few people with the level of expertise in managing high-profile assignments, with complicated issues for corporations across the globe. Tom, an industry colleague and friend for years, will bring excellent interpersonal skills to our team and develop real-world strategies to meet the needs of our clients. I’m very pleased to have him join our team,” said Peter Casey, Executive Vice President and head of Alliance’s M&A Group.

Alliance has a tremendous reputation for providing personalized, client-focused solutions,” commented Ball. “They understand the value of working together to find the optimal solution in very complex and contentious situations. I am very excited to join a firm with a deep bench of industry veterans with such diverse skills and I look forward to working with them to continue providing world-class service and advice to our clients.”

We are thrilled to have obtained such a valuable asset with Tom and look forward to adding his expertise to Alliance’s arsenal of offerings,” said Reid Pearson, Executive Vice President who heads Alliance’s Governance Advisory Group.

About Alliance Advisors:

Alliance Advisors is a multi-faceted proxy solicitation and corporate advisory firm that services over 450 corporations worldwide. The firm is a single source solution for corporate executives and Boards as well as law firms and IR agencies for all proxy and governance related matters.

Contacts

Peter Casey, Executive Vice President

973-873-7710

pcasey@allianceadvisors.com
www.allianceadvisors.com

Categories
International & World

AM Best withdraws credit ratings of Hawaii Dental Service

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Hawaii Dental Service (Honolulu, HI). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in the interactive rating process.

The ratings reflect Hawaii Dental Service’s balance sheet strength, which AM Best categorizes as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

The rating affirmations reflect Hawaii Dental Service’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), supported by a history of favorable operating performance. Hawaii Dental Service has experienced a trend of strong earnings with high single-digit to low double-digit return on revenue and return on equity. Furthermore, the company has grown net premiums over the past five years via new sales and membership retention.

Offsetting factors include business concentration risk as the business is concentrated in dental products in Hawaii. However, the company has strong brand name recognition as it utilizes the Delta Dental brand name and trademarks. Additionally, Hawaii Dental Service has a growing exposure to mutual funds, which composed approximately 50% of the company’s invested assets at year-end 2019. However, this exposure is slightly mitigated as bond funds represented approximately one-third of mutual funds.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media – Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Brian Virostek
Financial Analyst
+1 908 439 2200, ext. 5531
brian.virostek@ambest.com

Sally Rosen
Senior Director
+1 908 439 2200, ext. 5280
sally.rosen@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

Categories
Business

AM Best: Market dislocation drives growth for U.S. surplus lines (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, David Blades and Robert Raber, both associate directors, AM Best, said some excess and surplus lines insurers experienced a 15-year high in premium gains during 2019. Click on http://www.ambest.com/v.asp?v=surpluslines920 to view the entire program.

Blades highlighted the level of U.S. surplus lines business volume in 2019.

“The U.S. surplus lines premium volume increased considerably,” said Blades. “In particular, U.S. surplus lines companies that write more than 50% of their total business on a surplus lines basis increased their direct premium written by almost 15%, the highest level of growth since 2006. The entire surplus lines market, including business that is written by the Lloyd’s market syndicates, grew by 11.2% in 2019.”

Raber said the COVID-19-fueled economic shifts that have impacted the surplus lines market.

“The flow of new businesses definitely changed in two different directions,” said Raber. “First, there was a temporary decline in new business coming into the U.S. surplus lines market beginning in late March and into early April, as the stay-at-home and shelter-in-place orders were implemented across the country. At the same time, rates are continuing to rise. AM Best’s expectation is that conditions are going to persist in the short term for the continuing rising of rates, as it continues to be a hardening market.”

Looking at the balance of 2020 and into 2021, AM Best anticipates this sector will continue to show resiliency.

To access the related market segment report, titled, “Expanding Opportunities Bolster Surplus Lines Growth and Operating Results,” please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=300916.

Recent AMBestTV coverage includes:

  • AM Best: Canada Property/Casualty Insurers Well-Positioned; Life Writers Face Volatility in 2020: Brian Lynch and Anthony McSwieney, senior financial analysts, AM Best, said 2020 has brought fewer property/casualty (P/C) claims, but has increased investment uncertainty in the Canada market: http://www.ambest.com/v.asp?v=ambcanada920.
  • Hardening Market Driving Bermuda Captive Growth: Captive insurers old and new are writing more business during the hardening market, according to a panel focused on the Bermuda landscape: http://www.ambest.com/v.asp?v=ambcaptives920.
  • Hard Market Driving Interest in Captives: The pandemic, economic downturn and higher insurance rates have increased interest in captive insurers, said panelists in a recent AM Best webinar: http://www.ambest.com/v.asp?v=ambcaptiverecut920.
  • New Data Sources, AI Changing Commercial Underwriting: The “explosion of digital economy” and use of artificial intelligence is improving underwriting, according to the “Using New Data to Out-Select the Competition,” panel: http://www.ambest.com/v.asp?v=carpedata920.

AM BestTV covers exclusive AM Best and insurance industry information and reports, targeted topics and key developments in the insurance, reinsurance and related sectors daily. Sign up for alerts of episodes at www.ambest.com/multimedia/ambtvsignup.html. View AM BestTV episodes at www.ambest.tv.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2020 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Lee McDonald
Group Vice President, Publication and News Services
+1 908 439 2200, ext. 5561
lee.mcdonald@ambest.com

Categories
For Edit

Rams’ Sean McVay says he’ll do ‘better job’ after not wearing mask during Cowboys game; NFL sends memo on protocols

Los Angeles Rams head coach Sean McVay says he will “do a better job” wearing his mask after the NFL sent out a memo reminding all coaches of the requirement to wear face coverings while on the sidelines after several were seen without them during Sunday’s games.

 

— FOX News: Paulina Dedaj

Categories
For Edit

Bud Light Lime-A-Ritas falsely suggest they contain tequila, lawsuit claims

This is like finding out Santa Claus isn’t real.

 

— FOX News: Michael Hollan

Categories
Regulations & Security

Georgia jail housing ICE, other detainees performed questionable hysterectomies, shredded records, nurse says

An immigration detention center in Georgia performed questionable hysterectomies, refused to test detainees for COVID-19 and shredded medical records, according to a nurse quoted in a complaint filed Monday.

 

— FOX News

Categories
Regulations & Security

DOJ inspector general investigating Roger Stone sentencing after Mueller prosecutor’s testimony

The Office of the Inspector General that independently oversees the Justice Department is examining the sentencing recommendation for GOP operative Roger Stone, a DOJ source confirmed to Fox News.

 

— FOX News: Evie Fordham

Categories
For Edit

Carole Baskin’s missing husband’s family airs commercial during ‘DWTS’ premiere

Carole Baskin’s big debut on “Dancing with the Stars” was somewhat interrupted on Monday night due to drama stemming from the Netflix “Tiger King” documentary.

 

— FOX News: Melissa Roberto