Business organizations

AM Best Revises Outlooks to Negative for Mississippi Farm Bureau Casualty Insurance Company

Retrieved on: 
Thursday, June 24, 2021
Finance, Consulting, Banking, Professional services, Insurance, Credit rating agencies, AM Best, American Farm Bureau Federation, Service companies, Political divisions of the United States, Business organizations

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Mississippi Farm Bureau Casualty Insurance Company (Mississippi Farm Bureau) (Jackson, MS).

Key Points: 
  • AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Mississippi Farm Bureau Casualty Insurance Company (Mississippi Farm Bureau) (Jackson, MS).
  • The Credit Ratings (ratings) reflect Mississippi Farm Bureaus balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
  • The companys volatile results have pressured profitability metrics and are trending unfavorably when compared against writers with operating performance assessments of strong.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Crossover Health Presents Commercial Advantage Plan Design at AHIP Institute & Expo 2021

Retrieved on: 
Thursday, June 24, 2021
America's Health Insurance Plans, Medicare Advantage, Health care, Health, Business organizations

SAN CLEMENTE, Calif., June 24, 2021 /PRNewswire/ -- Crossover Health , a team-based medical group and Primary Health delivery organization, will make an appearance today for the first time at the America's Health Insurance Plans (AHIP) Institute & Expo which takes place June 22-24, 2021.

Key Points: 
  • SAN CLEMENTE, Calif., June 24, 2021 /PRNewswire/ -- Crossover Health , a team-based medical group and Primary Health delivery organization, will make an appearance today for the first time at the America's Health Insurance Plans (AHIP) Institute & Expo which takes place June 22-24, 2021.
  • "We've created the Crossover Commercial Advantage plan design as an equivalent concept to the successful Medicare Advantage programs currently operated by many health plans.
  • With Crossover's Primary Health approach at the foundation of Commercial Advantage, commercial populations are more effectively engaged in their care while their health needs are being efficiently served."
  • With a focus on wellness, Crossover Health has built a proactive, relationship-based primary health model inclusive of primary care, physical medicine, mental health, health coaching, and care navigation.

GCM Grosvenor Releases Labor and Economic Impact Report for its Labor Impact Fund

Retrieved on: 
Tuesday, June 22, 2021
GCM Grosvenor, Construction, Infrastructure, Service companies, Business organizations

CHICAGO, June 22, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today released the 2020 Labor and Economic Impact Report for its Labor Impact Fund (LIF or the Fund) which focuses exclusively on infrastructure investments in the United States and Canada.

Key Points: 
  • CHICAGO, June 22, 2021 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today released the 2020 Labor and Economic Impact Report for its Labor Impact Fund (LIF or the Fund) which focuses exclusively on infrastructure investments in the United States and Canada.
  • The 2020 Labor and Economic Impact Report examines the impact of the Funds initial four investments, including approximately 2.9 million union work hours created during construction, and approximately $2.2 billion in regional economic impact.
  • We continue to have conviction in the initial fund investments from a risk reward perspective and are thrilled with the labor and economic impacts.
  • Infrastructure investing can have a profound impact on a community, said Matthew Hynes, Managing Director and Head of Labor and Government Strategies for GCM Grosvenor.

AM Best Revises Issuer Credit Rating Outlook to Positive for Aflac Incorporated and Its Subsidiaries

Retrieved on: 
Wednesday, June 16, 2021
Banking, Professional services, Insurance, Finance, Aflac, Credit rating agencies, AFL, AM Best, Finance, Service companies, Business organizations

These companies represent the life/health insurance subsidiaries of Aflac Incorporated (Aflac) (Columbus, GA) (NYSE: AFL) and are collectively referred to as Aflac Incorporated Group.

Key Points: 
  • These companies represent the life/health insurance subsidiaries of Aflac Incorporated (Aflac) (Columbus, GA) (NYSE: AFL) and are collectively referred to as Aflac Incorporated Group.
  • Concurrently, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of a- (Excellent) and all existing Long-Term Issue Credit Ratings (Long-Term IR) of Aflac.
  • 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.

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of StarStone Insurance Bermuda Limited and Its Subsidiary

Retrieved on: 
Wednesday, June 16, 2021
Insurance, Professional services, Credit rating agencies, AM Best, Starstone, Reinsurance companies, Business organizations

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a- (Excellent) of StarStone Insurance Bermuda Limited (SIBL) (Bermuda) and StarStone Insurance SE (SISE) (Liechtenstein).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a- (Excellent) of StarStone Insurance Bermuda Limited (SIBL) (Bermuda) and StarStone Insurance SE (SISE) (Liechtenstein).
  • The ratings of SISE reflect its balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate ERM.
  • 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 specialising in the insurance industry.

WNS Recognized as a ‘Leader’ in NelsonHall’s 2021 Healthcare Payer BPS NEAT Evaluation

Retrieved on: 
Tuesday, June 15, 2021
Technology, Insurance, Consulting, Other Technology, Professional services, Networks, Internet, General Health, Health, Other Professional Services, WNS Global Services, WNS, Payer, Business organizations, Companies

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as an overall Leader in NelsonHalls 2021 NEAT evaluation for Healthcare Payer business process services (BPS).

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as an overall Leader in NelsonHalls 2021 NEAT evaluation for Healthcare Payer business process services (BPS).
  • NelsonHalls Leader category is based on a companys ability, relative to their peers, to deliver immediate benefits today and meet future client requirements.
  • WNS continued focus on strengthening domain expertise, innovative offerings, and comprehensive CX offerings have helped it gain and retain a leadership position in the healthcare payer BPS market.
  • In the healthcare payer sector, WNS services 3 of the 10 largest Health Insurance companies in the US as measured by annual premiums.

Guidehouse Again Named to Bloomberg Government's BGOV200 List of Top Federal Contractors

Retrieved on: 
Monday, June 14, 2021
Service companies, Bloomberg Government, Bloomberg L.P., General contractor, Blackwater, Mass media in the United States, Business organizations

The 10th annual BGOV200 report is the culmination of extensive data management for areas such as company hierarchy, contract title, and agency assignments.

Key Points: 
  • The 10th annual BGOV200 report is the culmination of extensive data management for areas such as company hierarchy, contract title, and agency assignments.
  • "We arehonoredto be recognized once again as a top federal contractor byBloomberg,"said Scott McIntyre, Chief Executive Officer of Guidehouse.
  • "We're honored to recognize Guidehouse as one of the top federal contractors in a very competitive market," said Kevin Brancato, Bloomberg Government's head of product.
  • "Like many of Bloomberg Government's resources, the 10th annual BGOV200 report combines rich data and insightful analysis to help government contractors succeed."

AM Best Comments on Credit Ratings of Intact Financial Corporation Following Transaction Announcement

Retrieved on: 
Friday, June 11, 2021
Banking, Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tryg, Finance, Service companies, Business organizations

AM Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- (Superior) of Intact Insurance Company (Ontario, Canada) and the subsidiaries of Intact Financial Corporation (Intact) remain unchanged following the recent announcement of the definitive agreement along with its partner Tryg A/S to sell Codan Forsikring A/Ss Danish business to Alm.

Key Points: 
  • AM Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- (Superior) of Intact Insurance Company (Ontario, Canada) and the subsidiaries of Intact Financial Corporation (Intact) remain unchanged following the recent announcement of the definitive agreement along with its partner Tryg A/S to sell Codan Forsikring A/Ss Danish business to Alm.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Unlocking Value Through KPMG Impact's Holistic Solution

Retrieved on: 
Tuesday, June 8, 2021
Amstelveen, KPMG, Madoff investment scandal, Ernst & Young, ESG, Companies, Service companies, Business organizations

KPMG U.S. is focused on helping companies across industries seize this opportunity to make business better, building trust with key stakeholders and unlocking value within a long-term ESG commitment to create a more sustainable future, while driving profitable and measurable growth today.

Key Points: 
  • KPMG U.S. is focused on helping companies across industries seize this opportunity to make business better, building trust with key stakeholders and unlocking value within a long-term ESG commitment to create a more sustainable future, while driving profitable and measurable growth today.
  • KPMG delivers a cutting-edge suite of data-driven solutions KPMG IMPACT to help clients enhance their ESG performance while also fulfilling the firm's own ESG commitments.
  • An important step in making KPMG IMPACT's suite of ESG solutions more accessible to the market is appointing Rob Fisher as leader of KPMG IMPACT.
  • KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services.

Larry S. Kirsch Joins Connection Public Sector Solutions as President

Retrieved on: 
Monday, June 7, 2021
Software, Internet, Hardware, Data management, Consumer electronics, Technology, Mobile, Wireless, Other Technology, PC Connection, Connection, UST, Companies, Business organizations

Connection (PC Connection, Inc.; NASDAQ: CNXN ), a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce that Larry S. Kirsch has joined the company as President of Connection Public Sector Solutions, reporting to Tim McGrath, parent-company President and Chief Executive Officer.

Key Points: 
  • Connection (PC Connection, Inc.; NASDAQ: CNXN ), a leading information technology solutions provider to business, government, healthcare, and education markets, is pleased to announce that Larry S. Kirsch has joined the company as President of Connection Public Sector Solutions, reporting to Tim McGrath, parent-company President and Chief Executive Officer.
  • Mr. Kirsch has extensive experience in the technology industry, with a proven record of success at large public companies, as well as private entities and startup organizations.
  • PC Connection, Inc. and its subsidiaries, dba Connection, ( www.connection.com ; NASDAQ: CNXN) is a Fortune 1000 company headquartered in Merrimack, NH.
  • ConnectionBusiness Solutions (800.800.5555) is a rapid-response provider of IT products and services serving primarily the small-and medium-sized business sector.