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PORTLAND, Ore. & FARGO, N.D.--(BUSINESS WIRE)--The North Dakota Insurance Department has approved the strategic affiliation between Blue Cross Blue Shield of North Dakota (BCBSND) and Cambia Health Solutions. The affiliation will enable greater capabilities for access to care that is simpler and more affordable while maintaining the strong local commitment that has served North Dakotans for more than 85 years. The affiliation will unify all operations and enable the organizations to share best...

NEW YORK--(BUSINESS WIRE)--A-CAP Group (“A-CAP” or “The Company”) released the following statement today in response to the recent AM Best action: We appreciate AM Best's efforts to assess the strength and adequacy of our balance sheet and view this rating as the foundation to completing our strategic initiatives, including finalizing our capital raise. We remain focused on continuing to demonstrate significant operational and financial improvements, which we believe will be reflected in future...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “bbb” (Good) of Atlantic Coast Life Insurance Company (Charleston, SC) and Sentinel Security Life Insurance Company (Salt Lake City, UT). Both companies are collectively referred to as A-CAP Group. Concurrently, AM Best has maintained the under review with negative implications status for these Credit R...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of PrimeOne Insurance Company (Dallas, TX) (PrimeOne), following its recently announced acquisition. PrimeOne, a Texas domiciled insurer and wholly owned subsidiary of PrimeOne Insurance Group, provides commercial property, general liability and liquor liability coverages. The company is being acquired by G...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of Corebridge Financial (Corebridge). The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.) The ratings reflect Corebridge’s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performanc...

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for the property and casualty insurance industry, today announced the launch of Insurity’s new Partner Program, an expanded partner program designed to deepen collaboration across Insurity’s network of more than 200 partners, including system integrator (SI), technology, and insurance content and service partners. Through this ecosystem, insurers gain access to one of the most comprehensive and capable partne...

DALLAS--(BUSINESS WIRE)--Sunflower Bank, N.A. (“Sunflower Bank”) announces the launch of Sunflower Insurance Solutions Inc. (“Sunflower Insurance Solutions”), a wholly owned subsidiary, that provides businesses and high-net-worth individuals with insurance and wealth planning strategies, including risk management, liquidity planning, and tax-efficient wealth transfer. “The launch of Sunflower Insurance Solutions marks an exciting step in expanding our ability to deliver comprehensive financial...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to ten classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2026-1 (AOMT 2026-1), a $298.9 million non-prime RMBS transaction. The underlying collateral, comprised of 581 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (Non-QM) (65.9%) or exempt (34.1%) from the Ability-to-...

OLDWICK, N.J.--(BUSINESS WIRE)--The January issue of Best’s Review includes the following exclusive rankings: World’s Largest Insurance Companies Largest India Insurers Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access it here. For Best’s Review advertising opportunities and a complete media kit, visit AM Best Advertising Services. AM Best is a global credit rating agency, news publisher and data ana...

RICHMOND, Va.--(BUSINESS WIRE)--Anthem Blue Cross and Blue Shield in Virginia and Riverside Health, a leading integrated health network serving eastern Virginia, announce a new multi-year agreement that ensures Anthem members will continue to have uninterrupted, in-network access to Riverside’s hospitals, providers, and outpatient care services across the region. The new agreement underscores a shared commitment to coordinated, high-quality care and long-term affordability — ensuring that indiv...