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AM Best Revises Outlooks to Positive for Members of Midwest Insurance Group

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星期四, 五月 23, 2024

Professional Services, Insurance, Finance, Credit, News, ERM, Growth, ALL, AM Best, Risk management

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Midwest Insurance Company (Springfield, IL), West River Insurance Company (Sioux Falls, SD) and Brickyard Insurance Company (Fort Wayne, IN), collectively known as Midwest Insurance Group (Midwest).

Key Points:

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Midwest Insurance Company (Springfield, IL), West River Insurance Company (Sioux Falls, SD) and Brickyard Insurance Company (Fort Wayne, IN), collectively known as Midwest Insurance Group (Midwest).
The positive outlook of the Long-Term ICRs reflects Midwest’s consistent trend in operating gains, low net leverage and continued favorable reserve development.
Midwest has a limited business profile as a monoline workers’ compensation insurer operating in approximately 20 states contracting with small- to medium-sized agency partners.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Village Caregiving Opens Three New Locations to Bring Quality, Affordable Home Care to More Seniors Across Indiana

Retrieved on:

星期一, 五月 13, 2024

Family, Nursing, Health, Consumer, Seniors, General Health, United States Census Bureau, Hoosier, Transport, Medicaid, Caregiver, Residential care

The openings join existing Village Caregiving offices in Bloomington, Fort Wayne and Indianapolis, bringing the total number of offices in the state to six.

Key Points:

The openings join existing Village Caregiving offices in Bloomington, Fort Wayne and Indianapolis, bringing the total number of offices in the state to six.
“Indiana has been home to Village Caregiving since 2021, and we’re growing our presence to meet two key needs: care in home for the state’s growing number of seniors and fulfilling jobs for caregivers,” said Jeff Stevens, co-founder and CEO, Village Caregiving.
“Village Caregiving is excited to work with all home care programs and payors in Indiana, including private pay and family funded arrangements, veteran programs, state Medicaid waiver programs, and others.
In the last decade, Village Caregiving has grown from a single location with one employee in Barboursville to over 60 locations in the Midwest and eastern United States.

Lincoln Financial Meets Shifting Customer Need for Growth and Flexibility With Revamped MoneyGuard® Product

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星期一, 五月 13, 2024

Lincoln Financial Group (NYSE: LNC) is meeting shifting customer preferences for growth over guarantees1 with the launch of Lincoln MoneyGuard Market Advantage® (2024), issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and providing consumers with trusted long-term care protection, increased investment options and flexibility, and a tax advantage their portfolio might be missing.

Key Points:

Lincoln Financial Group (NYSE: LNC) is meeting shifting customer preferences for growth over guarantees1 with the launch of Lincoln MoneyGuard Market Advantage® (2024), issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and providing consumers with trusted long-term care protection, increased investment options and flexibility, and a tax advantage their portfolio might be missing.
The latest version of this long-term care solution improves on this model, presenting added value to consumers and financial professionals.
“As marketplace needs and preferences shift, Lincoln continues to demonstrate its commitment to meeting clients where they are,” said Michael Hamilton, vice president, head of MoneyGuard Business Management.
“MoneyGuard Market Advantage provides financial support to consumers and their families in their time of need,” said Jared Nepa, senior vice president, Life and MoneyGuard Distribution.

TEGNA and Indiana Fever Expand Broadcast Distribution of the Fever’s Exciting Upcoming Season in 11 Additional Markets

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星期三, 五月 8, 2024

TEGNA Inc. (NYSE: TGNA) and the Indiana Fever today announced that 11 additional markets will join WTHR, TEGNA’s Indianapolis NBC affiliate, to create an unprecedented 12-market footprint to air 17 Indiana Fever games for free over the air in 2024.

Key Points:

TEGNA Inc. (NYSE: TGNA) and the Indiana Fever today announced that 11 additional markets will join WTHR, TEGNA’s Indianapolis NBC affiliate, to create an unprecedented 12-market footprint to air 17 Indiana Fever games for free over the air in 2024.
Highlight matchups include two encounters with the defending champions, the Las Vegas Aces, scheduled for May 25 and September 11.
The 17 games available to viewers are:
Stations airing the games (subject to change) include:
All games will be available over the air via antenna.
Fans can visit wthr.com/fever for information on how to purchase or set up an over the air antenna.

Allen Bontrager Carpentry Expands to Muncie, IN - Offering Roofing, Siding, and Construction Services

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星期三, 五月 8, 2024

Construction, Steel, Growth, Trust

As Allen Bontrager Carpentry opens its doors in Muncie, Indiana, the community from Indianapolis to Fort Wayne can look forward to a new standard of excellence in roofing and construction services.

Key Points:

As Allen Bontrager Carpentry opens its doors in Muncie, Indiana, the community from Indianapolis to Fort Wayne can look forward to a new standard of excellence in roofing and construction services.
The arrival of Allen Bontrager Carpentry in Muncie, Indiana heralds a new era of craftsmanship and reliability in the roofing and construction industry.
Contact Allen Bontrager Carpentry today to experience firsthand the difference that quality and dedication can make in your next construction venture.
For those seeking top-notch construction services built on trust and integrity, Allen Bontrager Carpentry is the name to remember.

Von Maur Department Stores Announces Extensive In-Store Renovation Plan

Retrieved on:

星期四, 五月 2, 2024

Online Retail, Fashion, Retail, Department Stores, Specialty, Von, Oxmoor Center, Von Maur, Hickory Point Mall, Laurel Park Place, Online shopping

Von Maur Department Store announced today that it is undergoing an extensive, multi-phased renovation of its brick and mortar locations over the next five years.

Key Points:

Von Maur Department Store announced today that it is undergoing an extensive, multi-phased renovation of its brick and mortar locations over the next five years.
“As Von Maur has grown, new stores have evolved to reflect the trends present in residential design.
It is important that we reinvest in our existing locations and bring those same updates to the customers that have been the bedrock of our success,” said Jim von Maur, President of Von Maur.
The updated look will allow the merchandise to be the focus, making shopping at Von Maur an even better in-store experience.

BotCon - The Original Transformers Convention Celebrates its 30th Anniversary and the 40th Anniversary of Transformers at The Grand Wayne Center in Fort Wayne, IN

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星期二, 四月 30, 2024

Sale, Premium Plus, BotCon, Grand Wayne Convention Center

"We are thrilled to return BotCon to the Grand Wayne Center in Fort Wayne, Indiana, where it all began. This year commemorates two milestones-- BotCon's 30th anniversary and the 40th anniversary of Transformers. Transformers fans of all ages can connect, share stories, and enjoy memorabilia and other collectibles as we celebrate the Transformers legacy, past and present. BotCon is a convention dedicated to the fandom, which makes it truly special," remarked Hany Agayby, BotCon showrunner and owner of Agabyss, a toy retailer based in Wisconsin.

Key Points:

FORT WAYNE, Ind., April 30, 2024 /PRNewswire/ -- BotCon, the premier fan-driven robot convention for toy fanatics, comic enthusiasts, and collectors, returns to Fort Wayne, Indiana, June 27-30, 2024.
"We are thrilled to return BotCon to the Grand Wayne Center in Fort Wayne, Indiana, where it all began.
This year commemorates two milestones-- BotCon's 30th anniversary and the 40th anniversary of Transformers.
Transformers fans of all ages can connect, share stories, and enjoy memorabilia and other collectibles as we celebrate the Transformers legacy, past and present.

Franklin Electric Declares Quarterly Dividend of $0.25 Per Share

Retrieved on:

星期一, 四月 22, 2024

FORT WAYNE, Ind., April 22, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable May 16, 2024, to shareholders of record on May 2, 2024.

Key Points:

FORT WAYNE, Ind., April 22, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable May 16, 2024, to shareholders of record on May 2, 2024.

Franklin Electric Schedules Its First Quarter 2024 Earnings Release and Conference Call

Retrieved on:

星期二, 四月 16, 2024

Webcast

FORT WAYNE, Ind., April 16, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2024 earnings at 8:00 am ET on Tuesday, April 30, 2024.

Key Points:

FORT WAYNE, Ind., April 16, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2024 earnings at 8:00 am ET on Tuesday, April 30, 2024.
A conference call to review earnings and other developments in the business will commence at 9:00 am ET.
The first quarter 2024 earnings call will be available via a live webcast.
The webcast will be available in a listen only mode by going to:

AM Best Downgrades Credit Ratings of Brotherhood Mutual Insurance Company

Retrieved on:

星期四, 四月 11, 2024

Professional Services, Insurance, Finance, News, Erosion, Credit, CMP, AM Best, Wind, Pressure, ERM, Brotherhood Mutual Insurance Company, Good, ALL, FSR, Risk management

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Brotherhood Mutual Insurance Company (Brotherhood) (Fort Wayne, IN).

Key Points:

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Brotherhood Mutual Insurance Company (Brotherhood) (Fort Wayne, IN).
The Credit Ratings (ratings) reflect Brotherhood’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
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 .