USIC

USIC Selects Samsara to Digitize Operations as U.S. Infrastructure Investments Grow

Retrieved on: 
Thursday, March 7, 2024
IOT (Internet of Things), Technology, Utilities, Energy, Internet, Hardware, Cloud, Emergency, Connected, Multimedia, Safety, Injury, Crash, Risk, Carbon, Panic button, Rest, Atmosphere, Digital divide, USIC, Inc., Telematics, Water, Face

Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced USIC , the leader in underground utility damage prevention, selected Samsara to digitize its operations and enable improvements in safety, efficiency, and sustainability.

Key Points: 
  • Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced USIC , the leader in underground utility damage prevention, selected Samsara to digitize its operations and enable improvements in safety, efficiency, and sustainability.
  • More than 12,000 USIC field service technicians operate across the nation, marking these utility lines to both protect and maintain this critical infrastructure and ensure public safety.
  • Samsara Video-Based Safety enables USIC to better support and coach its technicians on the road through real-time incident detection and preventative in-cab coaching.
  • In addition, footage from Samsara AI Dash Cams allows USIC to recognize outstanding performance and lower risky driving behaviors at scale.

AM Best Upgrades Credit Ratings of United Security Insurance Company; Affirms Credit Ratings of First Chicago Insurance Company

Retrieved on: 
Tuesday, January 9, 2024
Consulting, Professional Services, Insurance, Finance, FCIC, Credit, Policy, ALL, Security Insurance Company, Partnership, FSR, ERM, Marginal, USIC, News, AM Best

The companies are collectively referred to as First Chicago Insurance Group (First Chicago).

Key Points: 
  • The companies are collectively referred to as First Chicago Insurance Group (First Chicago).
  • The more structured integration of both operations and strategic goals have led AM Best to view the two companies as a collective group.
  • 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.

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.

USIC Launches Redesigned Website, Introduces New Content and Enhanced Digital Experience

Retrieved on: 
Wednesday, November 8, 2023
Public Policy, Government, State, Local, Technology, Utilities, Telecommunications, Energy, Corporate Affairs, News, Water, Online shopping, USIC

USIC, the leader in underground utility damage prevention, announced the launch of its redesigned website as part of the company’s ongoing digital transformation.

Key Points: 
  • USIC, the leader in underground utility damage prevention, announced the launch of its redesigned website as part of the company’s ongoing digital transformation.
  • The new site design and updated content further the company’s goal of building greater awareness of the essential role it plays in protecting America’s critical underground infrastructure; preventing disruptions of the electric, gas, telecommunication, water, and sewer services relied on by every home and business; and ensuring public safety.
  • The company is the nation’s largest provider of public underground utility locating (811) services.
  • Additionally, the site’s dynamic news page provides filtering and searching functionality which enables visitors to the site to stay abreast of the company’s latest developments with a focus on topics of interest.

USIC Engages With State Broadband Leaders and Internet Service Providers to Align Utility Locating Resources With BEAD Program Infrastructure Deployment

Retrieved on: 
Monday, October 30, 2023
Public Policy, Government, State, Local, Technology, Utilities, Telecommunications, Energy, Safety, Workforce, ISP, Internet service provider, Construction, Access, USIC

USIC, LLC (“USIC”), the leader in underground utility damage prevention, is engaging state broadband leaders and internet service providers (ISP) in collaborative efforts to ensure the utility locating resources required to support nationwide broadband deployment funded by $42.45 billion in Broadband Equity, Access, and Deployment (BEAD) Program grants over the next five years.

Key Points: 
  • USIC, LLC (“USIC”), the leader in underground utility damage prevention, is engaging state broadband leaders and internet service providers (ISP) in collaborative efforts to ensure the utility locating resources required to support nationwide broadband deployment funded by $42.45 billion in Broadband Equity, Access, and Deployment (BEAD) Program grants over the next five years.
  • “During this planning stage, USIC is focused on establishing collaboration with state broadband offices on workforce development solutions that will be key to ensuring the damage prevention industry’s ability to meet the significant increase in locate requests.
  • USIC has begun collaborating with broadband leaders to explore opportunities for utility locators to participate in such programming to build a workforce aligned with broadband deployment in their state.
  • To learn more about USIC’s collaborative initiatives for aligning utility locating resources with BEAD Program infrastructure deployment, contact USIC Vice President of Government Affairs Nancy Mitchell .

VertiGIS Unveils VertiGIS Network Locator, Revolutionizing 811 Solutions

Retrieved on: 
Tuesday, October 10, 2023
Software, Networks, Internet, Other Energy, Utilities, Oil, Gas, Alternative Energy, Energy, Technology, State, Local, Telecommunications, Public Policy, Government, Locator, Multimedia, GIS, USIC, Growth, Safety, Online shopping

VertiGIS, a worldwide leader in spatial asset management solutions and geographic information system (GIS) software is proud to announce the latest addition to the new VertiGIS Networks product line: VertiGIS Network Locator.

Key Points: 
  • VertiGIS, a worldwide leader in spatial asset management solutions and geographic information system (GIS) software is proud to announce the latest addition to the new VertiGIS Networks product line: VertiGIS Network Locator.
  • (Graphic: Business Wire)
    VertiGIS Network Locator allows users to automatically receive, process and map locate requests in a single system.
  • With increased pressures on growth, performing network locates reliably and efficiently has never been more important,” says Paul Wickman, Global Product Director at VertiGIS.
  • “Adding VertiGIS Network Locator to our VertiGIS Networks product line reflects our commitment to empowering utility operators and communication service providers to manage their networks efficiently in an increasingly digital world while enabling them to meet legal requirements and safety standards.”

USIC Announces Leadership Changes

Retrieved on: 
Thursday, September 28, 2023
Utilities, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Energy, Construction & Property, Urban Planning, Kohlberg & Company, Learning, Infrastructure Investment and Jobs Act, Infrastructure, Kohlberg, Safety, Space Infrastructure Servicing, Multimedia, Partners Group, Investment, Growth, Management, USIC

USIC, the leading North American provider of utility location services, announced today that Mike Ryan has retired as USIC’s President and CEO.

Key Points: 
  • USIC, the leading North American provider of utility location services, announced today that Mike Ryan has retired as USIC’s President and CEO.
  • The Company has retained an executive search firm to find a new President and CEO.
  • We owe Mike Ryan an enormous debt of gratitude, and on behalf of the entire USIC team, I wish to thank him for his invaluable contributions.”
    “Since I took the helm of USIC four years ago, we have moved the needle on multiple fronts,” stated Mr. Ryan.
  • Partners Group originally invested in USIC in 2017, and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman.

AM Best Places Credit Ratings of Independent Specialty Insurance Company Under Review with Negative Implications Pending Planned Sale by State National Group, a Division of Markel Group Inc.

Retrieved on: 
Friday, May 26, 2023
Banking, Professional Services, Insurance, Finance, AM Best, ALL, USIC, LPT, Credit, DE, Acquisition, FSR, AM, News, Velocity, Security (finance), ISIC

As part of the LPT contract, USIC’s parent, State National Insurance Company, Inc., will guarantee USIC’s obligations.

Key Points: 
  • As part of the LPT contract, USIC’s parent, State National Insurance Company, Inc., will guarantee USIC’s obligations.
  • The ratings will remain under review until the close of the transaction and an assessment by AM Best of new ownership’s strategic business plans.
  • 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.

USIC Announces New Chief Commercial Officer

Retrieved on: 
Wednesday, May 3, 2023
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Engineering, Urban Planning, Utilities, Manufacturing, Energy, Other Construction & Property, Residential Building & Real Estate, Landis+Gyr, Marketing, Telecommunications, Multimedia, CCO, BBA, Organization, Trent, Smart grid, Growth, James Madison University, Management, USIC

USIC, the leader in underground infrastructure damage prevention, has announced the appointment of Trent Bowers as Chief Commercial Officer (CCO).

Key Points: 
  • USIC, the leader in underground infrastructure damage prevention, has announced the appointment of Trent Bowers as Chief Commercial Officer (CCO).
  • Trent will lead the company’s sales organization and the advancement of its commercial strategy, services, and partnerships.
  • View the full release here: https://www.businesswire.com/news/home/20230503005626/en/
    USIC Chief Commercial Officer Trent Bowers (Photo: Business Wire)
    Trent brings 30 years of global sales, marketing, customer success management, and commercial experience to USIC, most recently serving as Executive Vice President of Sales and Marketing for Clean Harbors, a provider of premier environmental and industrial services.
  • Prior leadership roles include Chief Commercial Officer and Executive Vice President of Sales for Generac Grid Services, a provider of distributed energy resource management solutions, and Vice President of Industry Solutions Sales for Landis+GYR, a multinational corporation providing innovative Smart Grid and Smart City solutions.

United Surety & Indemnity Company Live with Majesco Digital 1st Platform Offering Customers an Unmatched Digital Claims Experience

Retrieved on: 
Thursday, April 20, 2023
Other Professional Services, Software, Insurance, Data Management, Professional Services, Technology, Mobile, Wireless, Other Technology, AM Best, Risk, Partnership, Digital, Workflow, Condominium, Catalog, USIC, Policy, API, P&C, Electron capture, Platform, GM, National Indemnity Company, Ecosystem, Commercial, SVP, Telephone numbers in Hungary, Cryptocurrency, Flood, Majesco Entertainment

Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced United Surety & Indemnity Company (USIC), the leading surety writer in Puerto Rico, is live with Majesco Digital 1st® Platform to create a next-gen digital claims experience.

Key Points: 
  • Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced United Surety & Indemnity Company (USIC), the leading surety writer in Puerto Rico, is live with Majesco Digital 1st® Platform to create a next-gen digital claims experience.
  • The USIC and Majesco cross-functional teams partnered to implement the platform in under 45 days, bringing the new digital claims experience to their customers.
  • Majesco 360 series of accelerators including Digital Customer360, Digital Agent360, Digital Electronic Bill360, Digital Underwriter360 and Digital Enroll360 provide insurers with rich, next-gen capabilities to accelerate their digital transformation.
  • USIC customers now have access to an online FNOL claims workflow and submission that is fully integrated with Majesco Claims for P&C.