AM

AM Best Affirms Credit Ratings of Investors Title Company and Its Subsidiaries

Retrieved on: 
Friday, October 27, 2023
Banking, Professional Services, Insurance, Finance, AM Best, Good, Credit, ITIC, ITC, News, AM, Risk, ERM, ALL, Risk management

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of both subsidiaries of Investors Title Company (ITC) [NASDAQ: ITIC]: Investors Title Insurance Company and National Investors Title Insurance Company (Austin, TX).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of both subsidiaries of Investors Title Company (ITC) [NASDAQ: ITIC]: Investors Title Insurance Company and National Investors Title Insurance Company (Austin, TX).
  • These subsidiaries collectively are referred to as Investors Title Company Group (ITC Group).
  • 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 Places Credit Ratings of Electric Insurance Company Under Review With Negative Implications

Retrieved on: 
Friday, October 27, 2023
Insurance, Professional Services, ICR, Sale, AM Best, Credit, News, Credit rating, AM, General Electric Company, FSR, Communication, ALL, EIC

AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Electric Insurance Company (EIC) (Beverly, MA).

Key Points: 
  • AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Electric Insurance Company (EIC) (Beverly, MA).
  • The ratings will remain under review with negative implications while AM Best will remain in communication with EIC’s management and monitor the effects of the transaction as they evolve.
  • 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 Markel Group Inc. and Its Subsidiaries

Retrieved on: 
Friday, October 27, 2023
Banking, Professional Services, Insurance, Finance, American International Group, Policy, Good, AM Best, Credit, Organization, AM, FSR, ERM, State National Companies, Proposed long-term solutions for the eurozone crisis, Investment, Risk management, Markel Corporation

AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of Markel Group Inc. (Markel) (Glen Allen, VA).

Key Points: 
  • AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of Markel Group Inc. (Markel) (Glen Allen, VA).
  • AM Best also has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of all the members of the Markel North America Insurance Group (Markel NA).
  • The outlook of all of these Credit Ratings (ratings) is stable.
  • The ratings of Markel reflect the ratings of its operating insurance subsidiaries, as well as its financial leverage and coverage metrics, which remain within AM Best’s guidelines.

DigiFabster and Materialise Collaborate to Integrate E-Commerce and Quoting Solution into Additive Manufacturing Workflow

Retrieved on: 
Monday, November 6, 2023
3D, E-commerce, OMS, AM, Software, SAAS, Partnership, Machine learning, Magic, Automation, Online shopping, Materialise NV

PASADENA, Calif., Nov. 6, 2023 /PRNewswire/ -- DigiFabster, a cloud-based SAAS quoting automation and e-commerce solution for advanced manufacturing companies, and Materialise, a global leader in 3D printing software and service solutions, announced a collaboration to connect DigiFabster's automated quoting and eCommerce solution with Materialise CO-AM, an open software platform to manage the additive manufacturing (AM) production process. Manufacturing companies using DigiFabster and CO-AM benefit from a seamless AM workflow from order entry to delivery and can offer their customers a modern eCommerce front-end experience.

Key Points: 
  • DigiFabster, a quoting automation and e-commerce solution for advanced manufacturing companies, and Materialise, a global leader in 3D printing software and service solutions, announced a collaboration to connect DigiFabster's automated quoting and eCommerce solution with Materialise CO-AM, an open software platform to manage the additive manufacturing (AM) production process.
  • PASADENA, Calif., Nov. 6, 2023 /PRNewswire/ -- DigiFabster , a cloud-based SAAS quoting automation and e-commerce solution for advanced manufacturing companies, and Materialise, a global leader in 3D printing software and service solutions, announced a collaboration to connect DigiFabster's automated quoting and eCommerce solution with Materialise CO-AM , an open software platform to manage the additive manufacturing (AM) production process.
  • Manufacturing companies using DigiFabster and CO-AM benefit from a seamless AM workflow from order entry to delivery and can offer their customers a modern eCommerce front-end experience.
  • To solve these challenges, DigiFabster and Materialise have joined forces to integrate the DigiFabster eCommerce portal, automated quoting, costing, and payment automation solution with the Materialise CO-AM software platform.

AM Best Affirms Credit Ratings of Reaseguradora Patria, S.A.

Retrieved on: 
Friday, October 27, 2023
Insurance, Professional Services, Good, AM Best, Credit, News, AM, ERM, ALL, Risk management, Reinsurance

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • 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 is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

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
Insurance, Professional Services, AM Best, DE, Credit, MI, News, AM, Growth, FSR, ERM, Kelly-Moore Paints, Superior, Concord Group, Long-term care insurance, Auto-Owners Insurance, ALL, Capital, Risk management, Concord

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 Affirms Credit Ratings of MS First Capital Insurance Limited

Retrieved on: 
Friday, October 27, 2023
Professional Services, Insurance, Finance, AD, AM Best, Credit, News, MSI, AM, Geography, Risk management, ERM, MSFC, Communication, ALL, MS, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of MS First Capital Insurance Limited (MSFC) (Singapore).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of MS First Capital Insurance Limited (MSFC) (Singapore).
  • The ratings also factor in rating enhancement from Mitsui Sumitomo Insurance Company Limited (MSI), for whom the ultimate parent is MS&AD Insurance Group Holdings, Inc. (MS&AD).
  • 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 Removes From Under Review With Negative Implications and Downgrades Credit Ratings of Southern General Insurance Company

Retrieved on: 
Friday, October 27, 2023
Insurance, Professional Services, AM Best, Credit, News, AM, GA, Finance, ALL, Reinsurance

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bb” (Fair) of Southern General Insurance Company (Southern General) (Marietta, GA).

Key Points: 
  • AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bb” (Fair) of Southern General Insurance Company (Southern General) (Marietta, GA).
  • The outlook assigned to these Credit Ratings (ratings) is negative.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Metal Powder Works & Solvus Global Announce Strategic Alliance

Retrieved on: 
Thursday, November 2, 2023
SG, Aga Khan Development Network, Acquisition, Powder, AM, R, Partnership, Alloy, MPW, AMS, 3D printing

SEWICKLEY, Pa., Nov. 2, 2023 /PRNewswire-PRWeb/ -- In a groundbreaking collaboration that will move the needle on the future of powder production for the advanced manufacturing industry, Solvus Global (SG) and Metal Powder Works (MPW) are announcing a strategic alliance in the development of new materials. A pivotal aspect of this collaboration is Solvus Global's acquisition of a Metal Powder Works DirectPowder™ system, the first unit to be placed outside MPW's Pittsburgh production facility.

Key Points: 
  • SEWICKLEY, Pa., Nov. 2, 2023 /PRNewswire-PRWeb/ -- In a groundbreaking collaboration that will move the needle on the future of powder production for the advanced manufacturing industry, Solvus Global (SG) and Metal Powder Works (MPW) are announcing a strategic alliance in the development of new materials.
  • A pivotal aspect of this collaboration is Solvus Global's acquisition of a Metal Powder Works DirectPowder™ system, the first unit to be placed outside MPW's Pittsburgh production facility.
  • John Barnes Metal Powder Works' CEO and Founder commented on this exciting development, "We've known the people at Solvus Global for a very long time, even before MPW existed.
  • This partnership between Solvus Global and Metal Powder Works is a testament to the shared commitment to pushing the envelope in additive manufacturing and powder production.

SUMMIT CLINICAL RESEARCH (THE LEADING INTEGRATED RESEARCH ORGANIZATION IN THE MASH FIELD) TO PRESENT LEADING EDGE INSIGHTS AT THE AASLD LIVER MEETING FROM OVER 6,000 PATIENTS ACROSS MULTIPLE CLINICAL TRIALS

Retrieved on: 
Monday, October 30, 2023
FDA, NIT, Hynes Convention Center, DSM-IV codes, Physician, Health, Research, AM, Summit, Clinical trial, Steatosis, Atherosclerosis Risk in Communities, Disease, NASH, Fibrosis, SCR, Hepatology, MASH, Audubon Ballroom, Metabolism, SAN, AASLD, Pharmaceutical industry, Medical device, Medical imaging, Nursing, Aluminium, Patient, Non-alcoholic fatty liver disease, Medicine

The research, focusing on Metabolic Dysfunction-Associated Steatohepatitis (MASH) and related subjects contains significant findings derived from therapeutic trials involving over 6,000 patients.

Key Points: 
  • The research, focusing on Metabolic Dysfunction-Associated Steatohepatitis (MASH) and related subjects contains significant findings derived from therapeutic trials involving over 6,000 patients.
  • Dr. Harrison, Founder and Chairman of Summit Clinical Research; Founder and Chairman of Pinnacle Clinical Research, commented: "Summit Clinical Research is a beacon in the MASH arena.
  • The presentations at the AASLD Liver Meeting highlight the critical role of continued research in liver diseases and metabolic disorders.
  • Summit Clinical Research is honored to significantly contribute to these efforts and share our insights with the medical community.