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Prime Insurance Company | June 13, 2022
Prime Insurance Company announced today that it has been assigned a Financial Stability Rating® of A" (A Double Prime), Unsurpassed, from Demotech, Inc.
Demotech, Inc., is a financial analysis firm that provides Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies, Title underwriters, and other risk-bearing entities.
In addition, Prime Insurance Company's affiliate Prime Property & Casualty Insurance Company Inc. h...
Beazley | July 15, 2020
Beazley has launched an insurance product in Asia that covers risks associated with technology-enabled healthcare and wellness services. While already a rapidly growing area within healthcare globally, the impact of COVID-19 has served to accelerate the uptake of digital health services, according to the insurer. From remote medical consultations through to the use of apps and wearable technology to monitor conditions, the number of telehealth users across Asia rose sharply in early 2020, making...
Insurance Business | August 04, 2020
Axon Underwriting Services has announced the acquisition of the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) US contaminated and consumer products recall insurance business written through Allianz Global Risks US Insurance Company.We at Axon Crisis Management are excited to obtain the renewal rights for contaminated products and consumer products recall insurance policies previously underwritten by AGCS in the United States,” said Alex Pittignano, senior vic...
Walmart | July 09, 2020
In a surprise move, retail corporation Walmart has entered the health insurance market and has even begun hiring licensed insurance agents for its new business.
The company announced in a virtual conference that it would start selling health insurance plans with the creation of “Walmart Insurance Services LLC.” MedCity News reported that the new business’s name was first filed with the Arkansas Secretary of State late last month....
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