Long-term care insurance

The Helper Bees and BBC Maestro Partner to Revolutionize Holistic Wellness for Older Adults with Best-In-Class Learning Content

Retrieved on:

Wednesday, March 13, 2024

Ageing, Partnership, Music, Medicare, Learning, Long-term care insurance, LTCI, Toy

AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- The Helper Bees, a leader in holistic wellness and independence programs for older adults, is thrilled to announce its partnership with BBC Maestro, a renowned platform for online learning.

Key Points:

AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- The Helper Bees, a leader in holistic wellness and independence programs for older adults, is thrilled to announce its partnership with BBC Maestro, a renowned platform for online learning.
"We are delighted to join forces with The Helper Bees to empower older adults with accessible and engaging learning experiences," said Spencer Gillman, Chief Strategy Officer at BBC Maestro.
This collaboration between The Helper Bees and BBC Maestro transcends traditional wellness programs by offering educational content focused on the inspirational and creative aspects of well-being.
For more information about The Helper Bees and their partnership with BBC Maestro, please visit thehelperbees.com/bbc-maestro/.

AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries

Retrieved on:

Friday, December 15, 2023

Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group.

Key Points:

Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group.
The outlook of these Credit Ratings (ratings) is stable.
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 use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Upgrades Credit Ratings of The Chesapeake Life Insurance Company; Affirms Credit Ratings of UnitedHealth Group Incorporated and Its Subsidiaries

Retrieved on:

Thursday, December 14, 2023

In addition, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH].

Key Points:

In addition, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH].
The rating upgrades for Chesapeake Life are based on its strategic importance as a writer of UnitedHealthcare branded ancillary products.
A complete listing of UnitedHealth Group Incorporated and its subsidiaries’ FSRs, Long-Term ICRs and Long-Term IRs also is available.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AM Best Affirms Credit Ratings of Genworth Financial, Inc. and Its U.S. Life Subsidiaries

Retrieved on:

Thursday, December 7, 2023

Additionally, AM Best has affirmed the Long-Term ICRs of “b+” (Marginal) of Genworth Financial, Inc. [NYSE: GNW] and Genworth Holdings, Inc. (both domiciled in Delaware) as well as their Long-Term Issue Credit Ratings (Long-Term IRs).

Key Points:

Additionally, AM Best has affirmed the Long-Term ICRs of “b+” (Marginal) of Genworth Financial, Inc. [NYSE: GNW] and Genworth Holdings, Inc. (both domiciled in Delaware) as well as their Long-Term Issue Credit Ratings (Long-Term IRs).
In addition, AM Best has affirmed the FSR of B- (Fair) and the Long-Term ICR of “bb-” (Fair) of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA).
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 use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Upgrades Credit Ratings of American Memorial Life Insurance Company and TruStage Life of Canada; Affirms Credit Ratings of Subsidiaries of CUNA Mutual Holding Company

Retrieved on:

Thursday, December 7, 2023

Banking, Professional Services, Insurance, Finance, Union, ERM, Long-term care insurance, CUNA Mutual Group, Credit, AM Best, Security Insurance Company, TLOC, USIC, Good, News, ALL, FSR, Assurant, CMFG

Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of CMFG Life Insurance Company (CMFG LIFE) and MEMBERS Life Insurance Company (MEMBERS Life).

Key Points:

Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of CMFG Life Insurance Company (CMFG LIFE) and MEMBERS Life Insurance Company (MEMBERS Life).
These companies are life/health subsidiaries of CUNA Mutual Holding Company (CUNA Mutual) and collectively referred to as CMFG Life Group.
These companies are property/casualty subsidiaries of CUNA Mutual and collectively referred to as CUMIS.
Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of TruStage Financial Group, Inc. (headquartered in Madison, WI), an intermediate holding company of CUNA Mutual.

AM Best Downgrades Credit Ratings of Nationwide Mutual Insurance Company and Its Property/Casualty Subsidiaries; Affirms Credit Ratings of Life Affiliates

Retrieved on:

Friday, December 8, 2023

Consulting, Professional Services, Insurance, Finance, NFS, Nationwide Mutual Insurance Company, ERM, Credit, Long-term care insurance, Long-Term Capital Management, AM Best, Superior, Nationwide, Good, News, FSR, ALL, Risk management, Titan

In addition, AM Best has downgraded the Long-Term Issue Credit Ratings (Long-Term IR) to “a-” (Excellent) from “a” (Excellent) of the surplus notes issued by Nationwide Mutual Insurance Company.

Key Points:

In addition, AM Best has downgraded the Long-Term Issue Credit Ratings (Long-Term IR) to “a-” (Excellent) from “a” (Excellent) of the surplus notes issued by Nationwide Mutual Insurance Company.
Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Nationwide Life Insurance Company and its subsidiaries, Nationwide Life and Annuity Insurance Company and Jefferson National Life Insurance Company.
These companies are the key life/annuity subsidiaries of Nationwide Financial Services Inc. (NFS), and collectively known as Nationwide Life Group.
Finally, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Titan Insurance Company (Titan).

AM Best Affirms Credit Ratings of Jackson National Life Insurance Company and Its Affiliates

Retrieved on:

Friday, December 1, 2023

Consulting, Professional Services, Insurance, Finance, ERM, Credit, Long-term care insurance, Long-Term Capital Management, AM Best, JNG, JNL, Good, FSR, News, ALL, Risk management

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Jackson National Life Insurance Company (JNL), its wholly owned subsidiary, Jackson National Life Insurance Company of New York, and its direct parent, Brooke Life Insurance Company.

Key Points:

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Jackson National Life Insurance Company (JNL), its wholly owned subsidiary, Jackson National Life Insurance Company of New York, and its direct parent, Brooke Life Insurance Company.
In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of Jackson Financial Inc. (Delaware).
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 use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Selective Insurance Group, Inc. and Its Subsidiaries

Retrieved on:

Thursday, November 9, 2023

Professional Services, Insurance, Finance, Risk management, Credit, Long-term care insurance, Long-Term Capital Management, AM Best, Superior, News, FSR, ALL, Philosophy, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the pooled members of Selective Insurance Group (Selective).

Key Points:

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the pooled members of Selective Insurance Group (Selective).
Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of the ultimate parent, Selective Insurance Group, Inc. [NASDAQ: SIGI].
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 use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Atlantic Casualty Insurance Company and Certain Affiliates and Subsidiaries; Revises Outlooks to Negative for Members of Auto-Owners Insurance Group

Retrieved on:

Friday, October 27, 2023

AM Best has affirmed the Financial Strength Rating (FSR of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR of “aa-” (Superior) of Atlantic Casualty Insurance Company (Atlantic Casualty) (Goldsboro, NC).

Key Points:

AM Best has affirmed the Financial Strength Rating (FSR of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR of “aa-” (Superior) of Atlantic Casualty Insurance Company (Atlantic Casualty) (Goldsboro, NC).
AM Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Auto-Owners Specialty Insurance Company (AOSIC) (Dover, DE).
As a surplus lines carrier, Atlantic Casualty offers innovative products that add diversity to the organization’s overall book of business.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AM Best Assigns Credit Ratings to De Smet Farm Mutual Insurance Company of South Dakota; Affirms Credit Ratings of Goodville Mutual Casualty Company and Its Affiliate

Retrieved on:

Thursday, October 12, 2023

Professional Services, Insurance, Finance, Long-term care insurance, AM Best, Credit, Risk management, Weather, AM, SD, FSR, News, ALL

AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) to De Smet Farm Mutual Insurance Company of South Dakota (De Smet Mutual) (De Smet, SD).

Key Points:

AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) to De Smet Farm Mutual Insurance Company of South Dakota (De Smet Mutual) (De Smet, SD).
Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Goodville Mutual Casualty Company (Goodville Mutual) and Lancaster Mutual Insurance Company (Lancaster Mutual).
Collectively the rated group is referred to as Goodville Mutual Insurance Group (Goodville).
The ratings of De Smet reflect the implicit support from Goodville Mutual Insurance Company.