WASHINGTON-- Credit rating service Moody's on Friday upgraded its ratings on health insurer Amerigroup based on strong first-quarter earnings and the recent repayment of $260 million in debt. Amerigroup manages publically funded health programs like Medicaid, the state-federal program that provides coverage for the needy and disabled.
Online Insurance Marketplace, a family life insurance company where individuals can purchase no medical exam life insurance, has announced that they created tips for people who want to buy life insurance for their families on their site. "We want to educate the public about the importance of buying life insurance," said Russell Rabichev, Marketing Director for...
On May 16, 2012, First Trinity Financial Corporation decided that First Trinity Capital Corporation, its wholly-owned subsidiary specializing in the production of premium financing contracts for property and casualty insurance, will not accept new premium financing contracts after June 30, 2012. The Company's wholly owned life and annuity insurance...
Belleville, IL May 18, 2012. As they begin to navigate the workforce, young workers should focus on planning for long-term financial security, including a potential disability, according to Allsup, a nationwide provider of Social Security Disability Insurance representation and Medicare plan selection services. Young workers may not realize that part of...
A.M. Best Co. has downgraded the financial strength rating to C++ from B and issuer credit rating to“ b” from“ bb” of Gramercy Insurance Company. GIC intends to exit its Louisiana based non-standard auto line effective August 31, 2012, along with possibly non-renewing unprofitable portions of its trucking line. The company previously placed 100% quota share...
On May 15, 2012, Protective Life Corporation, a Delaware corporation, entered into a purchase agreement with Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner& Smith Incorporated, Barclays Capital Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters named therein, for the issuance and sale by Protective of $250...
