Local, national & international business news and events.
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has placed under review with positive implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of CGB Insurance Company (CGB) (Mt. Vernon, IN). The Credit Rating (rating) action
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned an indicative Long-Term Issue Credit Rating of “a” to the forthcoming new senior unsecured notes to be issued by Pacific LifeCorp (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of The Ohio National Life Insurance Company and its wholly owned subsidiary, Ohio National Life Assurance Corporation (together
Fifty-seven people were charged with trying to steal more than $175 million from the Paycheck Protection Program, law enforcement officials said. — NYT: Katie Benner
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of BCBSM, Inc., d/b/a Blue Cross Blue Shield of Minnesota (BCBSM), and its subsidiary, HMO Minnesota, d/b/a Blue
Essential emphasizes need for ongoing infrastructure investment during United for Infrastructure Week BRYN MAWR, Pa.–(BUSINESS WIRE)–Essential Utilities Inc. (NYSE: WTRG) recognizes United for Infrastructure 2020: A Week to Champion America’s Infrastructure (Sept. 14-21) by raising awareness of the country’s critical need for
Jane Fraser, Citigroup’s president, will replace Chief Executive Michael Corbat in February as he retires. — NYT: Michael J. de la Merced and Emily Flitter
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 Trinidad & Tobago Insurance Limited (TATIL) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) is stable. The ratings
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned an indicative Long-Term Issue Credit Rating of “a-” to the forthcoming new senior unsecured notes to be issued by OneAmerica Financial Partners, Inc. (OneAmerica). The outlook assigned to this Credit Rating (rating) is stable, which is