Insurance companies

CareFirst BlueCross BlueShield Receives Prestigious Member Retention Awards

Retrieved on: 
Wednesday, March 31, 2021

Baltimore, Md./Washington, D.C, March 31, 2021 (GLOBE NEWSWIRE) -- CareFirst BlueCross BlueShield (CareFirst) announced today that it has received two prestigious Brand Excellence Awards for Member Retention from the Blue Cross Blue Shield Association (BCBSA).

Key Points: 
  • Baltimore, Md./Washington, D.C, March 31, 2021 (GLOBE NEWSWIRE) -- CareFirst BlueCross BlueShield (CareFirst) announced today that it has received two prestigious Brand Excellence Awards for Member Retention from the Blue Cross Blue Shield Association (BCBSA).
  • The annual awards honor Blue Cross and Blue Shield (BCBS) companies that excel in developing and enhancing the overall BCBS brand image.
  • We are proud to recognize the achievement of CareFirst BlueCross BlueShield in member retention and their commitment to delivering exceptional service to the communities they serve.
  • To learn more about CareFirst BlueCross BlueShield, visit our website at www.carefirst.com or follow us on Facebook , Twitter , LinkedIn or Instagram .

AIG Retirement Services Launches New Mobile App Capabilities to Help Nonprofit and Public Service Employees Save for Retirement

Retrieved on: 
Tuesday, March 30, 2021

As the world becomes ever more digital, its clear that retirement plan experiences that are optimized for mobile are a must for employers and their employees, said Scott Witter, Senior Vice President, Client Experience, AIG Retirement Services.

Key Points: 
  • As the world becomes ever more digital, its clear that retirement plan experiences that are optimized for mobile are a must for employers and their employees, said Scott Witter, Senior Vice President, Client Experience, AIG Retirement Services.
  • The AIG Retirement Services mobile experience is part of a broader virtual employee education and engagement program.
  • Additionally, AIG Retirement Services financial professionals are available remotely to assist with online enrollment, host education sessions and conduct virtual meetings to discuss the benefits of enrolling.
  • AIG Retirement Services has more than $100 billion in total assets under administration, managing thousands of plans serving approximately 1.8 million participants.

Synchronoss Personal Cloud Solution Selected for Integration into Allstate Protection Plans Consumer Device Protection Offering

Retrieved on: 
Tuesday, March 30, 2021

BRIDGEWATER, N.J., March 30, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions,today announcedthat Allstate Protection Plans has selected the Synchronoss Personal Cloud solution for integration into select device protection plan offerings.

Key Points: 
  • BRIDGEWATER, N.J., March 30, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions,today announcedthat Allstate Protection Plans has selected the Synchronoss Personal Cloud solution for integration into select device protection plan offerings.
  • We look forward to collaborating with Allstate Protection Plans to help it take advantage of all that the Synchronoss Personal Cloud solution can bring to the table, including the flexibility to quickly add other value-added services.
  • Adding the feature-rich capabilities of the Synchronoss Personal Cloud to select personal protection offerings means we are now able to safeguard a customers total mobile ecosystem.
  • Allstate Protection Plans are available for mobile devices, electronics, appliances, furniture, and other consumer products at major retailers and carriers internationally.

New York Life Appoints Bill Cassidy as Chief Information Officer

Retrieved on: 
Monday, March 29, 2021

New York Life, Americas largest1 and most admired2 mutual life insurer, today announced that Bill Cassidy, senior vice president, will assume the role of chief information officer (CIO), effective March 31, 2021.

Key Points: 
  • New York Life, Americas largest1 and most admired2 mutual life insurer, today announced that Bill Cassidy, senior vice president, will assume the role of chief information officer (CIO), effective March 31, 2021.
  • He joined New York Life in 2018 as CIO of investments technology, responsible for providing technology solutions to New York Life Investments.
  • New York Life Group Benefit Solutions products and services are provided exclusively by or through Life Insurance Company of North America or New York Life Group Insurance Company of NY, formerly known as Cigna Life Insurance Company of New York (New York, NY), or by or through affiliates or subsidiaries of Cigna Corporation.
  • Life Insurance Company of North America is not authorized in New York and does not conduct insurance business in New York.

James G. Springfield Named President of Blue Cross and Blue Shield of Texas

Retrieved on: 
Thursday, March 25, 2021

RICHARDSON, Texas, March 25, 2021 /PRNewswire/ --Health Care Service Corporation (HCSC) today announced James G. "Jim" Springfield, FACHE, has been named president of Blue Cross and Blue Shield of Texas (BCBSTX), beginning April 26.

Key Points: 
  • RICHARDSON, Texas, March 25, 2021 /PRNewswire/ --Health Care Service Corporation (HCSC) today announced James G. "Jim" Springfield, FACHE, has been named president of Blue Cross and Blue Shield of Texas (BCBSTX), beginning April 26.
  • "Jim's deep understanding of the Texas health care market and his passion for enhancing the overall health care system will serve BCBSTX and our members well," said Tikkanen.
  • BCBSTX is a Division of Health Care Service Corporation (HCSC) (which operates Blue Cross and Blue Shield plans in Texas, Illinois, Montana, Oklahoma and New Mexico), the country's largest customer-owned health insurer.
  • Health Care Service Corporation is a Mutual Legal Reserve Company and an Independent Licensee of the Blue Cross and Blue Shield Association.

AM Best Upgrades National Guardian Life Insurance Company Credit Ratings to A (Excellent)

Retrieved on: 
Thursday, March 25, 2021

AM Best has also upgraded NGL subsidiary, Commercial Travelers Life Insurance Company, to A (Excellent) rating with stable outlook.

Key Points: 
  • AM Best has also upgraded NGL subsidiary, Commercial Travelers Life Insurance Company, to A (Excellent) rating with stable outlook.
  • Established in 1909 National Guardian Life Insurance Company (NGL) is an insurance company headquartered in Madison, Wis.
  • Commercial Travelers Life Insurance Company became a wholly owned, stock subsidiary of National Guardian Life Insurance Company in 2017.
  • National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

AM Best Upgrades Credit Ratings of National Guardian Life Insurance Company and Its Subsidiaries; Withdraws Credit Ratings of Settlers Life Insurance Company

Retrieved on: 
Wednesday, March 24, 2021

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to a from a- of National Guardian Life Insurance Company (NGLIC) (Madison, WI) and its subsidiaries, Settlers Life Insurance Company (Madison, WI) and Commercial Travelers Life Insurance Company (Commercial Travelers) (Utica, NY).

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to a from a- of National Guardian Life Insurance Company (NGLIC) (Madison, WI) and its subsidiaries, Settlers Life Insurance Company (Madison, WI) and Commercial Travelers Life Insurance Company (Commercial Travelers) (Utica, NY).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • Concurrently, AM Best has withdrawn the ratings of Settlers Life Insurance Company as the company has requested to no longer participate in AM Bests interactive rating process.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

AM Best Assigns Issue Credit Rating to The Northwestern Mutual Life Insurance Company’s New Surplus Notes

Retrieved on: 
Wednesday, March 24, 2021

AM Best has assigned a Long-Term Issue Credit Rating of aa to the $900 million, 3.45% surplus notes, due 2051, issued by The Northwestern Mutual Life Insurance Company (Northwestern Mutual) (Milwaukee, WI).

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating of aa to the $900 million, 3.45% surplus notes, due 2051, issued by The Northwestern Mutual Life Insurance Company (Northwestern Mutual) (Milwaukee, WI).
  • The existing ratings of Northwestern Mutual and its subsidiary, the Northwestern Long Term Care Insurance Company (Milwaukee, WI), are unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AIG Travel Releases Policy Enhancement to Address New International Travel Requirements

Retrieved on: 
Tuesday, March 23, 2021

Travelers testing positive would be required to remain in country until they demonstrate a negative test result, which could necessitate accommodations beyond original booking dates.

Key Points: 
  • Travelers testing positive would be required to remain in country until they demonstrate a negative test result, which could necessitate accommodations beyond original booking dates.
  • These enhancements include the Pet, Medical, Baggage, Wedding, Inconvenience, Adventure Sports, Security and the Name Your Family Bundles.2
    For more information about AIG Travel, its products and services, visit www.travelguard.com or follow AIG Travel on Twitter , Facebook , Instagram and LinkedIn .
  • Travel Guard is the marketing name for its portfolio of travel insurance and travel-related services.
  • AIG Travel is a socially responsible and inclusive organization that meetsthe diverse needs of leisure and corporate travelers alike.

John Hancock Vitality Members to Receive Rewards for COVID-19 Vaccination

Retrieved on: 
Tuesday, March 23, 2021

BOSTON, March 23, 2021 /PRNewswire/ -Today, John Hancock , the US division of Toronto-based Manulife (NYSE: MFC), announced life insurance customers participating in the John Hancock Vitality Program will be awarded 400 Vitality Points for COVID-19 vaccination.

Key Points: 
  • BOSTON, March 23, 2021 /PRNewswire/ -Today, John Hancock , the US division of Toronto-based Manulife (NYSE: MFC), announced life insurance customers participating in the John Hancock Vitality Program will be awarded 400 Vitality Points for COVID-19 vaccination.
  • "Through programs like John Hancock Vitality and John Hancock Aspire , we're committed to supporting our customers in proactively managing their health something that has become even more important for many since the onset of the pandemic last year," saidLindsay Hanson,Head of PartnershipsandInnovation atJohn Hancock Insurance.
  • Vitality is the provider of the John Hancock Vitality Program in connection with policies issued byJohn Hancock.
  • Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.),Boston, MA02116 (not licensed inNew York) and John Hancock Life Insurance Company ofNew York,Valhalla, NY10595.