Business

AM Best affirms credit ratings of Wilton Re Ltd and its subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the life/health subsidiaries of Wilton Re Ltd (Nova Scotia, Canada), collectively known as Wilton Re. AM Best

Business

AM Best downgrades credit ratings of Globe Life Inc. and its subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” of the key life/health subsidiaries of Globe Life Inc. (formerly Torchmark Corporation) (Globe

Business

AM Best: India non-life market facing challenges (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Myles Gould, director, analytics, and Yuan Tian, senior financial analyst, both of AM Best, said that competition, poor pricing discipline and investments challenge the India non-life market. Click on http://www.ambest.com/v.asp?v=india620 to view the entire program.

Business

AM Best removes from under review with developing implications and affirms credit ratings of National Lloyds Insurance Company and American Summit Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of National Lloyds Insurance Company (NLIC) and American Summit Insurance Company (ASIC), collectively

Business, Media & Communications

IEEE-ISTO Printer Working Group (PWG) announces updated Internet Printing Protocol (IPP) extensions to support additive manufacturing/3D Printing and a specification for Safe G-Code that avoids 3D printing commands with safety or security concerns

PISCATAWAY, N.J.–(BUSINESS WIRE)–The IEEE-ISTO Printer Working Group (PWG) has released IPP 3D Printing Extensions v1.1 (PWG 5100.21-2019) and PWG Safe G-Code Subset for 3D Printing v1.0 Best Practices (PWG 5199.7-2019). These documents build on previously defined extensions to the Internet Printing Protocol

Local News

Construction starts show additional gains in June

Improvement in nonresidential and nonbuilding activity push starts higher NEW JERSEY–(BUSINESS WIRE)–Total construction starts increased 6% in June to a seasonally adjusted annual rate of $641.4 billion. This marks the second consecutive monthly gain in construction starts following the COVID-19 induced declines